Daily News | A bullish Thursday on our hands?

The trading week is almost over, which leaves you with less time to make some smart investments on the binary options market. Read on, so that you can get all the information you need to capitalize on the changes happening later today. We start off with the Eurozone. Although the Business Climate index of the French economy is projected to remain the same, same as the ECB Interest Rate Decision, there is one index that will be crucial. The Eurozone’s Consumer Confidence index is expected to be essential to the euro’s standing today, as it will most likely rise, leading to a bullish Thursday for the euro. The next currency that is expected to see some action today is the British pound sterling. The defining index for it today will be Retail Sales. Based on a myriad of subcategories of the index, we have to conclude that the GBP can expect a bullish Thursday. Lastly, we turn to the U.S. dollar. There are several factors that will determine its standing today. Initial Jobless Claims, for example, are expected to rise, much like Continuing Claims. However, the Philadelphia Fed Manufacturing Survey will most likely see a significant drop, alongside the Housing Price Index. Based on these indicators, we are predicting a bearish day for the USD.

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Author: Max Rothstein

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