• US stock markets are closed for Thanksgiving today, with a half day opening tomorrow. The days before and after Thanksgiving tend to have a positive edge and this has played itself out so far with US stocks hitting new highs last night and Asian stocks following suit this morning. The yen pairs were the big winners yesterday.
• But it’s the dollar pairs that are performing best this morning, with the dollar index retreating and the Aussie dollar leading the way.
• The AUD/ USD and AUD/ JPY are up 0.60% after encouraging private capital expenditure data this morning.
Coming up today:
• Coming up today we have German unemployment change at 08.55, followed by European M3 money supply at 09.00.
• At 10.30, BOE governor Carney speaks alongside the release of the BOE financial stability report.
• There is no US data due to Thanksgiving, but Canadian current account data is released at 13.30.
Trade Idea:
• With the AUD/ JPY on the rise, now could be a good chance to tap into Thanksgiving’s positive bias with a HIGHER trade.
This Daily Market Report is written by Dave Evans, Professional Trader. This is presented as an idea to stimulate binary option trading ideas and is not a financial advice.
Dollar pairs rally on Thanksgiving rush
Morning Report: 08.30 London
• US stock markets are closed for Thanksgiving today, with a half day opening tomorrow. The days before and after Thanksgiving tend to have a positive edge and this has played itself out so far with US stocks hitting new highs last night and Asian stocks following suit this morning. The yen pairs were the big winners yesterday.
• But it’s the dollar pairs that are performing best this morning, with the dollar index retreating and the Aussie dollar leading the way.
• The AUD/ USD and AUD/ JPY are up 0.60% after encouraging private capital expenditure data this morning.
Coming up today:
• Coming up today we have German unemployment change at 08.55, followed by European M3 money supply at 09.00.
• At 10.30, BOE governor Carney speaks alongside the release of the BOE financial stability report.
• There is no US data due to Thanksgiving, but Canadian current account data is released at 13.30.
Trade Idea:
• With the AUD/ JPY on the rise, now could be a good chance to tap into Thanksgiving’s positive bias with a HIGHER trade.
A HIGHER trade predicting that the AUD/JPY will close above 93.50 at Friday’s close could return 138% if successful.
This Daily Market Report is written by Dave Evans, Professional Trader. This is presented as an idea to stimulate binary option trading ideas and is not a financial advice.
Summary:
Email [email protected] or skype me at bomaffiliates-karen
Related Posts: