Daily News | Toyota releases its forecast

We are at the start of another great week in global binary options trading and there are plenty of great options out there for all discerning traders! Join us as we look at the most pertinent news items of the day so that you do not have to! This Monday, we focused on the Japanese yen. From Thursday to Friday, the currency rose from $0.008890 to $0.008893. This occurred, as Toyota increased the profit forecast by 9.7% for the full year, as it is expecting a bigger reprieve from a weakening yen, with cost-cutting efforts in effect as well. It has been aggressively marketing locally produced cars and car parts, just around the time the US dollar sank to 100 yen. We will continue to monitor the moves Toyota makes in the future, but let us now turn to the USD. In the same period, the currency rose from €0.9256 to €0.9267. US data is showing a rocky start to the week, as a smaller-than-expected rise in wages in January reinforced expectation the Federal Reserve will not raise interest rates next month. It seems that wage growth was not the only disappointing statistic, as the unemployment rate edged up as well. We will continue to report on the changes on the currency market, so be sure to follow us daily!

Daily News | Trade with the best

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