Daily News | A continuing trend

We are at the start of another exciting day of global binary options trading, but time is running out, as we are nearing the end of the trading week. Luckily, we have compiled a list of the most important economic factors that could influence the market this Thursday. We start off with the euro. It seems that Unemployment Change in Spain will show that many new unemployed workers have appeared, resulting in a serious increase of the index. If we look at this in the context of the Producer Price Index of the Eurozone as a whole, an index showing the change in prices received by domestic producers of commodities in all stages of processing, we have to surmise that the euro will most likely experience a bearish day today. This index is expected to drop, meaning that this is now a continuing trend for the euro. Moving on to the U.S. dollar, there are several things to take into account. The ADP Employment Change is about to rise, which is positive, while the Continuing Jobless Claims are dropping, which is also positive for the USD. When it comes to employment, things are looking pretty good for the United States and we have to surmise that the dollar will see a bullish day today, a continuing trend for the dollar.

Daily News | Make smart trades!

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Author: Max Rothstein

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