Morning Report: 06.30 London

  • This morning, the US dollar is holding recent gains despite below par US manufacturing data yesterday. Philly Fed Manufacturing dropped unexpectedly while unemployment claims came in marginally above estimates.


  • The USD/JPY fell back on the news yesterday but is climbing higher this morning.


  • Currency markets remain generally quiet with the likes of the EUR/USD unchanged so far this morning.


Coming up today: 
  • Coming up today we have UK CBI order expectations.
  • This is followed by Canadian core CPI and retail sales at 13.30.
  • US existing home sales follow at 15.00.

Trade Idea: 

  • The British pound continues to show impressive performance against the euro and other currencies, underlined by yesterday’s retail sale.



This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. 


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