Daily News | Toshiba in dire straits

We are nearing the end of this week in global binary options trading, but there are still plenty of great opportunities out there for both new and old traders! Join us, as we analyze the data that will surely make your bank account a bit larger. We start this Thursday with the Japanese yen. From Tuesday to Wednesday, the currency rose from $0.008745 to $0.008749. It seems that Toshiba Corp will most likely postpone the sail of their flash-memory chip after the company announced it may be forced to sell most or even all of the marquee business. The conglomerate is doing this as it is looking for cash to stay in business, due to its nuclear business being in dire straits. We will continue to monitor how Toshiba reacts, but let us now turn to the US dollar. In the same timeframe, the USD fell from €0.9456 to €0.9444. In spite of this, Wall Street rose on Wednesday, with the S&P being close to a 7-day winning streak, for the first time since September 2013. This came about as President Trump repeated his promise of tax cuts, as well as positive economic data that increased the odds of a rate hike. We will continue to look into these stories in the future, so be sure to stick around!

Daily News | Don’t miss a single trade!

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Author: Max Rothstein
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