Daily News | Fed making its move

It’s already Thursday, and the weekend will soon be upon us, so make sure you grab the opportunities the market offers today. As always, we have compiled data on the most pertinent news items of the day, so that you are free to trade to your heart’s content. Today, we start things off with the euro. From Tuesday to Wednesday, the currency rose from $1.1042 to $1.1107. Although the currency did rise, European stocks had their eight straight day of losses yesterday. It was jittery most likely due to the US presidential election next week, with Europe’s VSTOXX volatility index reflecting this nervousness. The biggest fallers were banking stocks, dropping 1.6% and extending their losses from the previous session. We will continue to monitor this situation, but let us now look at the US dollar. In the same period, the USD fell from €0.9056 to €0.9004. We once again return to the Fed and their policy meetings, where there were some apparent breakthroughs. It seems that the Fed resumed its policy meeting yesterday, and is expected to keep interest rates unchanged. At the same time, they are setting the stage for a hike at the end of the year. Remember to continue checking our website for daily updates!

Daily News | Wouldn’t you prefer a good broker?

If you want to be sure you’re trading with the best possible broker, take a look at IQ Option. In our IQ Option Tips and Tricks article, we talked about the various little things the broker has to offer and how to best use them. Their trading platform is second to none, with their AI being simple and intuitive to use. The minimum deposit is $10, very affordable and you can begin trading immediately! The company is also regulated by CySEC, which ensures that the broker follows all the rules and regulations laid out by the EU. For more, check out the full article!

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