Daily Market Report

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Technical Analysis Daily Majors & Minors

The EUR/USD pair initially tried to rally during Wednesday session, but as you can

see we found trouble just above the 1.32 handle, which of course was where the

market gapped from at the open on Monday. But will there be a rally to break this gap

in today’s session?

Quick Daily update

Australia's national flag carrier Qantas reports a net loss of A$2.8bn for the year

ending in June - a record annual loss for the airline.

The prime minister is to tell business leaders that the UK is "an economy of

opportunity" which supports one million Scottish jobs.

What is is? It is set at £8.80 an hour for London and £7.65 for the rest of the UK.

Daily News To Watch

Thursday, 28th August 2014 Previous Forecast Actual

13:30pm USD Prelim GDP q/q 4.0% 3.9%

USD Unemployment Claims 298K 299K

15:00PM USD Pending Home Sales m/m -1.1% 0.6%

By Nikhil Pankhania

Senior Market Analyst & Trader

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