Daily News | Central banks convene in Portugal

We are at the start of another great week in global binary options trading this week, with plenty of potentially lucrative opportunities out there for any discerning traders. We have the info you will need to do good on the currency market and this is why, this Monday, we decided to focus on the euro. From Thursday to Friday, the currency rose from $1.1149 to $1.1197. With the global financial crisis slowly fading away and not causing any more concerns, heads of European, British, Japanese and Canadian central banks will meet in Sintra, an old Portuguese getaway for monarchs. There they are supposed to discuss how best to set their monetary policies on a path to normality. Given the role of central banks in global economy, we will be reporting any news coming from the conference in the days to come, so be sure to check that out, but for now, let us look at the US dollar. In the same period, the USD fell from €0.8968 to €0.8930. Congressional leaders are working on a bipartisan deal to raise the debt ceiling of the country, so as to prevent a debt issue over the budget in the months to come. We will keep you posted, so be sure to follow us every day!

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