Trade ideas thread - European session 7 September 2018

Author: Justin Low | Category: News

Daily thread to exchange ideas and to share your thoughts

Good day, everyone! Hope you're all doing well as we get things going here in European trading. It's been a quiet start so far with markets still being kept on the edge of their seats awaiting a possible tariffs announcement by Trump on China, and now we even have the US jobs report to add to the wait.
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The yen leads the charge on the day as Trump is reportedly weighing a potential trade spat with Japan, while the aussie is lagging behind as trade tensions continue to weigh on sentiment dragging the currency lower - AUD/JPY touched its lowest levels in almost two years as a result.

What are your views on the market right now? Any thoughts on the US payrolls that is to come later in the day? Share your thoughts/ideas with the rest of the ForexLive community here.



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