Daily News | What to look out for at the end of the year?

Daily News | End of the year

Here we are folks, the last trading day of the week and the end of 2016. We had plenty of great chances to get some serious profit throughout the year, and now it’s time to try your luck for one last time. There is plenty of news to go over with you this Friday, starting with the Japanese yen. From Wednesday to Thursday, thIS currency rose from $0.008498 to $0.008568. This happened although the Nikkei closed down at 0.2% today, doing away with this year’s poor gains, ending up only 0.4%. The yen has in fact fallen by more than 15% since that peak, most of the losses coming in November, driven by a surge of the dollar. Now, let us look at the euro as well. In the same period, the euro rose from $1.0389 to $1.0455. This is the euro’s highest standing in three weeks in thin Asian trade, although it was on track for a losing year, due to the expectations raised of Donald Trump’s policies. The euro was down against the dollar by 3% overall this year, even though it was last up by 0.4% against the USD.  There you have it, the end of this entire year in trading. From all of us here, we wish you a great new year and more lucrative trades!

Daily News | Try things out for free

If you really want to make an impact on the currency market this Friday, be sure to check out BinaryBrokerz. We wrote about this company in our BinaryBrokerz Demo Account article, where we look at just what they have to offer in this trial account. We were pleasantly surprised, with virtual money being used to simulate real trading conditions, allowing you to test certain strategies and to hone your skills. This goes without saying, but you do not need to deposit any funds when making this demo account, so no worries there. For more on this offer, go check out our full article!

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