Morning Report: 07.45 London

  • This morning, the US dollar remains on a firm footing ahead of today’s Non-Farm Payroll release around midday.


  • Meanwhile, the Australian dollar is under pressure following the release of the minutes from the last RBA meeting. The AUD/JPY has erased any gains made yesterday.



  • Meanwhile in Europe, the euro is recovering after heavy selling yesterday with the EUR/GBP erasing most of the gains made since Tuesday.




Coming up today: 
  • Today’s main highlight is, of course, this afternoon’s US Non-Farm Payroll release with a gain of +203k expected.
  • Also at 13.30, we get US average hourly earnings, the unemployment rate and corresponding Canadian employment data.
  • Canadian Ivey PMI then follows at 15.00.

Trade Idea: 

  • UK services data showed further declines yesterday, yet the pound still outperformed the euro and is putting in a good shift against the Australian dollar this morning.



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


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