Daily News | Bullish day for the US

The end of the global binary options trading week is almost here, with only a few short hours until it ends. Luckily, we have the data you need to make each and every one of them count! Join us as we explore the currency market, starting with the British pound sterling. From Wednesday to Thursday, the GBP fell from $1.2713 to $1.2420. Statements made by Britain’s Brexit Minister are strongly implying that Britain would remain a part of the single market after leaving the EU. He also did not rule out a “transitional arrangement” to help businesses with the change. It seems that there is optimism in the sterling markets despite the fall, however, so keep a lookout for a rise. Now, let’s turn to the US dollar. The same period turned out to be bullish for the USD  €0.9383 to €0.9599. This was just a part of an overall positive Wednesday for the US economy, a day after the Federal Reserve made its decision to raise interest rates for the second time in nearly a decade. If President-elect Donald Trump’s promises to deregulate the economy follow through, lenders will benefit, as this is one of the most regulated sectors. This in turn could lead to more bullish trends. For more news on everything concerning the currency market, follow us every day!

Daily News | Great deals await you!

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