Binary.com Daily Market Report (12th Nov)
November 12, 2015 8:48 amVideo
Latest News
- Analysis of GBP/USD on April 26th. The pound trades on Friday without changes April 26, 2024
- USD/JPY: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- EUR/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: trading plan for the US session on April 26th (analysis of morning deals). The pound attempted, but it didn’t go April 26, 2024
- EUR/USD: trading plan for the US session on April 26th (analysis of morning deals). The euro continues to rise April 26, 2024
- Trading Signals for GOLD (XAU/USD) for April 26-29, 2024: buy above $2,324 and sell below $2,352 (21 SMA – 6/8 Murray) April 26, 2024
- Technical Analysis – AUDUSD set to complete best week of the year April 26, 2024
- Will Apple finally drop its AI hint? – Stock Markets April 26, 2024
- Bitcoin slips as markets pare back Fed rate cuts – Crypto News April 26, 2024
- EUR/USD. April 26th. Bulls continue to advance after the GDP report April 26, 2024
- Can Chinese PMIs solidify the economy’s recovery prospects? – Preview April 26, 2024
- Weekly Forex Outlook: 26/04/2024 – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- XM’s Lombok Collaboration: Brightening Futures April 26, 2024
- Week Ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- Market Comment – Yen keeps sinking after Bank of Japan decision April 26, 2024
- Fed faces dilemma amid sticky inflation and slowing economy – Preview April 26, 2024
- USD/JPY: trading tips for beginners for European session on April 26 April 26, 2024
- GBP/USD: trading tips for beginners for European session on April 26 April 26, 2024
- EUR/USD: trading tips for beginners for European session on April 26 April 26, 2024
Aussie Rallies On
Employment Boost
Morning Report: 06.15 London
• This morning, markets are mixed, with the Dollar index nipping back for another day.
• The Australian Dollar is out performing, following an impressive set of employment figures this morning. Employment change came in at +58.6k, with unemployment dropping to 5.9%.
• Meanwhile, the British Pound is unchanged after a strong session on Wednesday. Average earnings and claimant count came in below expectations, but the unemployment rate dropped to 5.3%.
Coming up today:
• Coming up today we have ECB President Draghi speaking at 8.30 and then again at 10.30.
• From 13.30, we switch to the US for unemployment claims, followed by Fed Chair Yellen speaking at 14.30.
• From 15.00, we have a series of middle tier economic items including JOLTS job openings, FOMC member Evans and FOMC member Dudley speaking.
• MPC member Haldane speaks at 17.00.
Trade Idea:
• The GBP/JPY has continued its gradual up trend with consistent gains on a daily basis.
• The trend is certainly against the Yen, while the Pound is recovering from last week’s MPC pronouncement that rates may stay lower for longer.
A good way to play this is a LOWER trade predicting that the GBP/JPY will close above 188.50 in 25 days for a potential return of 152%.
Disclaimer: This financial market report is intended for educational and information purposes only. It should not be construed as investment or financial advice and you should not rely on any of its content to make or refrain from making any investment decisions. The views expressed in this report are those of the author and do not necessarily reflect the views or position of Binary.com accepts no liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains.
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