Daily News | Chinese yuan takes the stage

Here we are again folks, another week of glorious binary options trading! You simply have to join us in our attempt to analyze the most important economic changes of the day and how they will affect the currency market. We start off with the Chinese yuan. There are many economic indicators that will influence it today, with Industrial Production being one of the most important ones. This index is dedicated to the volume of production in the Chinese industry, and it deals with factories and manufacturing facilities. It appears that it will most likely see a drop. Also of importance for the currency is the M2 Money Supply, a measure showing how much of the currency is currently circulating in the world, be it in notes, coins or bank savings. This index is expected to drop, as well. On the other hand, the number of new loans is rising, but the other two indicators have a more serious impact on the Chinese economy, leading us to believe that Chinese yuan will experience a bearish Monday. In other news, the euro will be influenced by changes in the Polish, Czech and Slovak economies, so be sure to pay attention to that and the euro’s unsteady growth from last week. The USD does not seem to have extremely impactful changes in store for it today, leading us to believe that it will retain its market standing.

Daily News | Choose the very best

To take full advantage of all the market has to offer you today, choose IQ Option to be your broker. In our IQ Option Review 2016, we take the time to explore every aspect of the company’s offer, especially their new platform. In out article, you will see why IQ Option has become one of the most popular brokers in the world because we really examine all the details, such as their spectacularly low trading requirements. To find out more, be sure to check our main article!

TRADE WITH THE VERY BEST
Author's overall rating:
Author: Max Rothstein
Updated:

RISK DISCLAIMER
BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.