BetOnMarkets Daily Market Report (7th January)

Read the Daily Market Report from Dave Evans, Professional Trader


	Yen rebounds as markets slip back Morning Report: 08.30 London • Markets have slipped into reverse gear this morning, with the Japanese yen in demand for its safe haven value. The yen pairs are the main movers, with the EUR/JPY down by 1.21% and the USD/JPY off by 0.78%. Click here to view full-sized image Click here to view full-sized image • The euro is weak the euro chatter increased in the New Year. The crisis may not be over yet… Click here to view full-sized image Coming up today: span> • Coming up today we have Canadian Ivey PMI at 15.00 Bet Idea: • Markets continued to push higher la st week, but there are signs that the New Year spurt could be running out of steam. The AUD/JPY is coming off the boil this morning along with stock markets and this could continue for the remainder of January. Click here to view full-sized image A good way to play this could be a LOWER trade predicting that the AUD/JPY closes below 91.50 on January 31st. This could return 107% if successful. Click here to view full-sized image This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. Summary: Click here to view full-sized image

–f668c8e396dd4e861f69a338beb7af2c_myaff–

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.