Daily News | European Central Bank and Germany disagree

It is the middle of the week and the market is simply bustling with activity. There is also a ton of information to sift through, with much of it being white noise. Luckily, we are here to deliver the goods, with the most crucial data on offer. This Wednesday, we focused on the Japanese yen. From Monday to Tuesday, the currency fell from $0.00911 to $0.00909. The Nikkei slowed down its downwards spiral yesterday, as it steadied and trimmed most of its losses, with the impact of the fall of US technology shares easing. It went down ever so slightly by 0.05% to 19.898.75. We will continue to monitor the situation in Asia, but let us now turn to the euro. In the same period, the euro rose from $1.12029 to $1.12042. In spite of this, the German Finance Minister Wolfgang Schaeuble demanded from the European Central Bank that it changes its current monetary policy, as quickly as possible. Germany warned that very low interest rates were the cause of much of the economic problems in much of the world. It should be said that German economy is the largest in Europe, so when it urges the European Central Bank to scale back its monetary stimulus programs you can be sure that many will listen. We will see how this pans out, so be sure to follow us tomorrow!

Daily News | Trade on one of the best platforms

The most surefire way for you to improve your chances on the currency market this week is to choose IQ Option as your broker. In our IQ Option Login and Trading Platform article, we discussed everything you need to know when first starting out and how best to utilize the platform this company offers to its traders. The company has surprisingly low financial requirements for a broker of its stature, being one of the most reputable players in the business. They offer classic methods of trading, as well as the 60 second turbo form, helpful to any trader. For more, be sure to check out our full article!

SEE WHAT A HIGH-TECH PLATFORM CAN DO
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.