Daily News | Bank of England’s survey

We are nearing the end of this cycle of global binary options trading, but there is still plenty of action on the market, and you can still make some significant profit! We have chosen to analyze the most interesting bits of data, so that you can make the best decisions possible. We start with the British pound sterling. From Tuesday to Wednesday, the GBP rose from $1.301 to $1.3077, which was a positive sign in an otherwise turbulent couple of months. The Bank of England ran a survey with companies, which expected that the Brexit referendum would hurt the economy across the board. Although yesterday’s report suggested a slowing down of the economy, it gave credence to the idea that the sharp drop in PMI indices was an overreaction, as stated by James Knightley, senior economist at ING. We will look for signs in the future that could indicate that this is a sign of recovery for the GBP, as well as keep track of any new moves Bank of England takes. As for the US dollar, it fell in value in the same time period, from €0.9001 to €0.8938. This came about in large part because of the world stocks hitting record highs this Wednesday, sapping the dollar as government bond yields sank. This is also something that needs to be monitored in the future, so be sure to check in daily!

Daily News | Profits are ripe for the taking!

To really take advantage of the situation on the market today, there is no better broker than Banc de Binary. In our Banc de Binary Scams article, we take a good look at the company to see if they are above board. Luckily, we found the broker to be quite the institution in the industry. It is regulated by CySEC, a part of EU regulations, allowing it to conduct business freely in the entirety of the member countries. With an excellent, and very secure, trading platform, you can be sure that your earnings will be completely safe. Check out our main article for more!

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Author: Max Rothstein

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