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Date Posted: 01:01:24 08/09/12 Thu
Author: Charisse Bartoli
Subject: Aussie leads after strong employment data

Financial markets continue to be quieter than normal due to slower summer trading. There is a positive bias in general with the Australia dollar leading markets higher after better than Australian employment data and strong Chinese inflation data.
The AUD/JPY is up 0.32%, with the AUD/ USD up 0.23%.

Gold is up 0.26% as the dollar index treads water. The British pound continues to recover well, with the GBP/JPY up 0.21%.


Coming up today we have UK trade balance figures at 09.30 with a slight worsening to -8.5bn. US and Canadian trade balance follow at 13.30 with US unemployment claims released at the same time.

The AUD/JPY continues to trend higher, riding high above the worst of the eurozone concerns.

The light summer trading could help this trend continue, at least in the short term.

A good way to play this on BetOnMarkets.com might be a HIGHER trade predicting that the AUD/JPY closes above 83.50 in 6 days time for a potential return of 159%.


Get this trade now, go to: http://goo.gl/XqLSi

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