Daily News | Merkel takes on Trump

We are continuing our extensive coverage of this week in global binary options trading, with plenty of stocks, indices and currencies waiting for intrepid traders! Especially considering the flux that global markets have found themselves in over the last few years. This Tuesday, we focused on the euro. From Friday to Monday, the currency fell from $1.0739 to $1.0734. This happened right around the time that German Chancellor Angela Merkel stated that addressing world leaders during a G7 summit in May would be a great chance to hash out the differences between herself and US President Donald Trump. Merkel also said that it was unreasonable to think that their different perspectives would change after one meeting, but that she was hopeful, as the President did state that he was for free trade. We will see what comes of this, but let us now look at the US dollar. In the same timeframe, the USD rose from €0.9311 to €0.9314. This happened, most likely spurred by the prospect of interest rates rising potentially up to two more times in this year alone, which could be bigger or smaller depending on fiscal policies of the Trump administration and inflation. We will continue to cover these stories, so stick with us!

Daily News | Want to withdraw safely?

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