Daily News | Asian investors boost yen

We are in the middle of this week in global binary options trading, which can only mean that there are plenty of great opportunities out there for you to make it big. You just have to know when and where you should invest your money. This Wednesday, we believe that could be the Japanese yen. From Monday to Tuesday, the currency rose from $0.00882 to $0.00883. The idea in the past week has been to weaken the yen due to the hawkish rhetoric of central banks from across the globe. This has not come to pass, as the yen was helped by Asian investors who were seeking out a safe haven for their money. This led to the currency rising 0.2% against the dollar and even double that against the euro. We keep an eye on Asian investors in the future, but now it’s time to move on. In the same timeframe, the euro fell from $1.1365 to $1.1349. The European Commission gave the go ahead to bail out Italy’s Banca Monte dei Paschi di Siena yesterday, which will hopefully help in the restructuring of this lender. These measures will include the transfer of bad loans to a special vehicle, as well as limiting salaries of senior managers. We will continue to monitor this in the days to come, so be here tomorrow!

Daily News | See how a safe broker operates!

To make the most of your day on the currency market this Wednesday, we highly recommend you take a look at ZoomTrader. In our ZoomTrader Scam Test article, we wanted to make sure that this company would treat its traders fairly. We were surprised by the level of safety this broker exhibited, as it uses superb SSL encryption. Their trading software is also quite impressive, as it offers a wide range of assets to trade, from commodities and currencies, to stocks and indices. To find out more about what the company has to offer, be sure to check out full article!


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Author: Max Rothstein

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