Daily News | Japanese stocks drop significantly

Another exciting week of global binary options trading is starting, so be sure to stick with us today as we look at the hottest trades! That is why, this Monday, we have decided to focus on the Japanese yen. Although the currency went up from Thursday to Friday (from $0.00895 to $0.00902), Japanese stocks didn’t do so well. The share average of the Nikkei fell on Friday, with tech shares dropping sharply, with investors also being cautious, due to the dollar’s slip against the yen. Specifically, Tokyo Electron Ltd and Advantest Corp, some of the largest semiconductor equipment makers, fell 7.2% and 5%, respectively. The Nikkei as a whole dropped 0.6% to 19,959.84. As far as last week was concerned, it dropped 0.7%. The broader Topix shed 0.4%. Japanese stocks will be closely monitored by us in the future, but we have some news about the euro too, so let’s see what happened there. In the same period, the currency rose from $1.1655 to $1.1755. The governing council member of the European Central Bank, Sabine Lautenschlaeger, said that it would be wise to start thinking of winding down its bond purchases. She did stress that expansionary monetary policies had both positive and negative effects, with risks increasing as time goes on. We will continue to follow both currencies as the week continues, so stick with us!

Daily News | Need a reliable business partner?

To really make your mark on the currency market this Monday, be sure to choose ZoomTrader as your broker. In our ZoomTrader Review, we discuss every little detail of this broker, in order for you to make the most informed decision when signing up with the company. The company is subject to very strict CySEC regulations and licensing guidelines. This means that every trade is legal, safe and encrypted, preventing any kind of identity theft or fraud. Since CySEC is the chief regulatory body of the European Union for binary options trading, which gives an extra layer of security to the matter. Check out our full article for more!

TRADE IN A REGULATED ENVIRONMENT
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.