Binary Options Daily Analysis: Crude Oil Advances Ahead of ECB Meeting! Thursday, September 06, 2012. by Jonathan Millet of Simtx.com · Bookmark and Share. FOREX: USD. The greenback is trading a lot lower against its main peers this Thursday, … See all stories on this topic »
Read the Daily Market Report from Dave Evans, Professional Trader
Aussie dollar plunges on trade balance data
Morning Report: 08.15 London
• There’s a negative bias in the morning’s trading after Australian trade balance came in well below estimates. The AUD/USD is down 0.56%, with the AUD/JPY down 0.46%. The NZD/USD is the day’s biggest faller, down 0.64%.
• Coming up today we have UK services PMI at 09.30.
• European r etail sales follow at 10.00.
• The main event for the day will be US ADP Non Farm Employment change at 13.15, with ISM non manufacturing PMI at 15.00.
Bet Idea:
• The NZD/USD is falling along with the Australian dollar this morning, with the pair having out performed the Aussie in recent weeks by some margin. However, if support in the region of 0.8170 breaks, there could be significant downside to come.
Binary Options Daily Analysis Weak Chinese PMI Data Weighs on Asian Markets
In Europe, markets dropped as well, as banks came under pressure, pulling the European baking index down 2.1%. The FTSE and CAC40 both fell .6%, while the DAX closed down 1 point to 7389. US stocks opened sharply lower but recovered by the close. See all stories on this topic »
Binary Options Daily Analysis Violent Austerity Protests in Spain and Greece …
Binary Options Daily Analysis – Violent Austerity Protests in Spain and Greece Spook Markets Thursday, September 27, 2012. by Binary Option Strategy of Binary Option Strategy · Bookmark and Share. Equities. European markets tumbled, led by Spain's … See all stories on this topic »
Below is the Daily Market Report from Dave Evans, Professional Trader Provided by BetOnMarkets
Australia cuts rates to spur growth
Morning Report: 08.30 London
• The main mover this morning is the Australian dollar, after the RBA unexpectedly cut its benchmark interest rate by 0.25%. It is hoped that the move will rejuvenate the flagging Australian mining sector. Analysts were expecting no change today, so the Antipodean pairs have fallen hard as a consequence. Also this morning, the main UK House Price Index came in below estimates, while Spanish unemployment change rose to its highest level since March.
• The AUD/USD is down 0.55%, the AUD/JPY down 0.53%, with the NZD/USD down by 0.31%.
• Coming up today we have UK construction PMI at 09.30 with a rise to 50.0 expected.
Bet Idea:
• The Australian dollar has been coming off the boil for some time and this morning’s rate cut may push things lower again over the coming weeks. As the weekly chart below shows, the AUD/USD has room to fall further.