Morning Report: 06.30 London
- This morning, markets have a slight negative bias this morning as US markets close for Thanksgiving. The US dollar is unchanged, but maintaining its position at the highs, while the euro continues to slip lower.
- The Australian dollar is on the back foot, with the AUD/JPY pulling back from the highs. By contrast, the NZD/USD is out performing so far.
- Meanwhile, the USD/JPY is resuming its down trend (slightly).
Coming up today:
- Coming up today we have European M3 money supply data at 09.00.
- German GfK consumer climate is released at midday.
Trade Idea:
- The EUR/JPY continues to weaken as the yen strengthens and the euro slips lower.
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
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