Binary.com Daily Market Report (8th May)
May 8, 2014 8:46 amVideo
Latest News
- Technical Analysis – EURGBP maintains bearish bias amid pennant formation April 17, 2024
- EUR/USD. April 17th. Jerome Powell supports the dollar April 17, 2024
- GBP/USD. April 17th. Inflation in Britain is falling, but not as much as the market wants April 17, 2024
- Tesla Q1 Earnings: Poor deliveries point to disappointing results – Stock Markets April 17, 2024
- Video market update for April 17, 2024 April 17, 2024
- Forex forecast 04/17/2024: EUR/USD, GBP/USD, Gold, Bitcoin and Ethereum from Sebastian Seliga April 17, 2024
- Technical Analysis – Gold struggles to jump above 2,400 April 17, 2024
- GBP/USD: trading tips for beginners for European session on April 17 April 17, 2024
- EUR/USD: trading tips for beginners for European session on April 17 April 17, 2024
- Market Comment – Geopolitics and Fedspeak keep stocks under pressure April 17, 2024
- Technical Analysis – USDJPY on the verge of hitting 155.00 milestone April 17, 2024
- Hot forecast for EUR/USD on April 17, 2024 April 17, 2024
- Overview for the GBP/USD pair on April 17th. British inflation could weigh on the pound April 17, 2024
- Technical Analysis – NZDUSD bounces off 5-month low April 17, 2024
- Overview for the EUR/USD pair on April 17th. There is no single reason for the euro to rise April 17, 2024
- Key events on April 17: fundamental analysis for beginners April 17, 2024
- Trading plan for GBP/USD on April 17. Simple tips for beginners April 17, 2024
- Trading plan for EUR/USD on April 17. Simple tips for beginners April 17, 2024
- Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Wednesday April 17, 2024. April 17, 2024
- Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset, Wednesday April 17, 2024. April 17, 2024
Aussie Leads On China Boost
Morning Report: 08:30 London
• This morning, financial markets are on the rise thanks to a positive session in Asia. Australian data came in above estimates and more importantly, Chinese trade balance showed a return to growth.
• The AUD/USD is up 0.57%, while the AUD/JPY is up 0.48%. The NZD/USD is also riding on the Aussie’s coat tails.
• The dollar index is slipping back, helping the USD/CAD to slip lower.
Coming up today:
• Coming up today we have the UK rate announcement at 12.00, followed by the ECB decision at 12.45. The ECB press conference is at 13.30.
• US unemployment claims are at 13.30, with Fed Chair Yellen speaking at 14.30.
Trade Idea:
• As the Aussie recovers, now could be a good time to ride the rebound.
A HIGHER trade predicting that the AUD/JPY will close above 95.75 in 5 days time could return 145%
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
Summary:
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