Daily News | Take advantage of the market shift

We are in the middle of the  trading week, so make sure you fully take advantage of the wonderful opportunities that are coming our way today. Join us as we look at all the economic changes that could give you an edge on today’s market! We start off with the British pound sterling. The Claimant Count Change index, which represents the number of unemployed people in the UK, and the Average Earnings excluding Bonus index, which is a short-term indicator showing how levels of pay are changing in the UK economy, are the most important factors for this currency today. Since they are on the rise, the GBP will see a bullish day this Wednesday, favoring buyers. This is a departure from yesterday, which saw the currency drop, so make sure to take advantage of this change!

In other news, we take a look at the euro. The Eurozone’s Consumer Price Index, which captures the changes in the price of goods and services, is set to remain pretty much the same today. However, it seems that a variation of this index, the Core Consumer Price Index, a measure of price movements excluding the volatile components like food, energy, alcohol and tobacco, is set to rise. This will most likely lead to a positive day for the euro and also break the trend this currency has been experiencing since the last week.

Daily News | Withdraw safely

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Author: Max Rothstein
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