Daily News | Obama in Asia

We are at the end of this week in global binary options trading, but fear not, as we have compiled yet another round of news that could influence the market so that you do not have to! This Friday, let us take one final close look at the Japanese yen. From Wednesday to Thursday, this currency remained at consistent levels, around $0.0097. This comes as the Bank of Japan is preparing a shift in focus of its monetary policies at next week’s review. But real interest rates are significantly lower now than during periods of deflation in the past. Sources close to the bank have said that negative interest rates could be the focus of its monetary policy, so be sure to watch out for that. As for the US dollar, it rose from €0.8875 to €0.8890 in the same timeframe. This comes in a time when President Obama is preparing to meet business and government leaders and talk about the Trans-Pacific Partnership trade pact. Obama has made this deal the centerpiece of a diplomatic shift to Asia, although prospects for congressional approval have become increasingly dim. This could cause a dip in the overall rise of the USD, so watch out for that closely in the coming days.

Daily News | What to expect from the market?

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