Daily News | G20 summit leaves bitter taste

Welcome once more to the exhilarating world of global binary options trading. This Monday, there are plenty of factors that could influence the currency market and we have the best analysts out there scouring through the data, trying to find the absolute very best chances to make lucrative trades! That is why we focused on the euro, which, from Thursday to Friday, fell from $1.0651 to $1.0615. During the G20 conference in Valetta, Malta, European Union finance ministers stated that these economies would not meet their target of generating additional economic growth next year. The reasons why this goal would not be met were the main topic there. The ministers highlighted that it was imperative to speed up the implementation of structural reforms, so it remains to be seen how G20 countries will behave in the future. We will, of course, continue to look at the Old Continent, but let us see what worries the new. In the States, in the same timeframe, the USD rose from €0.9387 to €0.9420. The Federal Reserve laid out its plans to scale back reinvestments, in order to start sizing down its $4.5 trillion balance sheet. In fact, the median view of over 11 economists is that the organization should shrink its balance sheet to $2.75 trillion. We will continue to monitor this in the future, so read on tomorrow as well!

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