Morning Report: 06.15 London
- This morning, the NZD/USD the leading gainer on a slow Monday after New Zealand ANZ business confidence came in above expectations. The Australian dollar is riding on the move’s coat tails, helped by strong company operating profits.
- The dollar is still dominating, while the euro struggles to make any progress off the lows.
- Gold is struggling again after suffering heavy falls on Friday.
Coming up today:
- Coming up today, we have UK net lending to individuals at 09.30.
- From 13.30 we switch to North America, starting with Canadian current account data , followed by Chicago PMI at 14.45 and pending homes sales at 15.00.
Trade Idea:
- The Canadian dollar continues to suffer as oil prices struggle to gain any sort of traction.
This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
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