Daily News | Influx of banks about to hit Europe

Another trading week is beginning, which means that there are plenty of great opportunities to be had that could improve your profits on the currency market! Join us as we explore the most pertinent news stories of this Monday, starting with the euro. From Thursday to Friday, the currency rose from $1.2025 to $1.2040. Europe’s bank regulators are hiring employees who specialize in risk assessments, so as to prepare for an influx of banks that will have to react once Brexit has been finalized. Central banks of Ireland, Germany and France are looking to hire dozens of new recruits, according to information coming from some high-ranking officials. The European Central Bank is searching for new staff, as well. It is usually a challenge to fill these positions, due to the limited budgets of said institutions. We will see how this influx of banks goes, but we have news about the US dollar, too. In the same timeframe, the USD fell from €0.8315 to €0.8305. Investors are getting nervous over the outlook of equities and are increasingly looking towards dividend yield stocks such as telecoms and utilities. Nuclear testing by North Korea has not helped matters, as it rattled investors on Tuesday. We will keep you informed in the future, so stick with us!

Daily News | Do you need a good broker?

To improve your chances in the initial stages of trading on the currency market this week, be sure to choose Binary Capital Markets as your broker. In our Binary Capital Markets Review, we took a look at everything this broker had to offer. All the procedures they employ are pretty fast and simple. While registering, you have to give some basic personal info, but after that you simply define your master password and desired currency and you are all set to go. They offer four distinct account types to choose from, depending on how much you are willing to deposit. For more, be sure to check out our full article!

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