Daily News | A slow stabilization

The end of the week is slowly arriving, but we still have two great days of global binary options trading in front of us! Make sure to read on closely, as we will once again dive into the currency market and take a closer look at the British pound sterling and the euro in this post-Brexit market. The euro seems to be having a good couple of days, as its value stood at $1.105 on Tuesday, which rose on Wednesday to $1.11093, so its stabilization seems imminent. With the Consumer Price Index of the Eurozone as a whole expected to see a rise today, we expect the euro to have a bullish day today, due to the extreme importance of this index, which measures changes in prices. Now let us take a closer look at the pound sterling. The GBP also rose from Tuesday to Wednesday, from $1.3292 to $1.348. This Thursday, the indicator that looks at current transactions of goods and services is expected to rise, which is a low indicator of a possible continuing stabilization of the GBP. All in all, it seems that the market is slowly recovering from the initial Brexit shock, although its consequences will be visible (especially in the GBP’s case) for quite some time.

Daily News | Where to find a great trading experience?

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Author: Max Rothstein
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