Daily News | US economy shaky after inauguration

Another week of global binary options trading is upon us. Things are looking up and all traders will have plenty of great chances to make their mark on the currency market! We have, of course, all the most important data, so that you do not have to waste time researching the most important news. This Monday, we focus on the Japanese yen. From Thursday to Friday, the currency rose from $0.00867 to $0.00869. The Prime Minister of Japan, Shinzo Abe, said that he believed that the new American president is aware of the value free trade has and that he will keep pushing a multinational trade pact that Trump and his associates want to leave. He also stated that he would like to strengthen the US-Japan security alliance. We will continue to look at this story as it develops, but let us now shift to the US dollar. In the same timeframe, the currency dropped from €0.9406 to €0.9361. It fell, as Donald Trump positioned himself in a pretty protectionist way in his speech, which then undermined the positive attitude towards the US economy spurred by his previous promises of tax cuts and other stimulus. In fact, US stock futures dipped 0.3%, erasing gains made on Friday. We will continue to monitor these changes, so make sure you follow us daily!

Daily News | Trade with a reliable partner

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