Daily News | BOJ easing up?

We are at the end of a really great week of global binary options trading, with plenty of great opportunities still waiting for any discerning customers! This Friday, we decided to focus on the Japanese yen. From Wednesday to Thursday, the currency fell from $0.00880 to $0.00871. This happened, as it seems that the Bank of Japan won’t be changing ts monetary policy settings any time soon. The BOJ should continue buying bonds in the same pace, alongside its negative interest rate and long-term bond yield target quite even, as there are signs of stable economic recovery on the horizon. The focus seems to be going towards loosening its monetary stimulus, although the BOJ did pledge to buy bonds to keep the long-term government bond yield around zero percent. We will continue to monitor the situation in the future, but let us now turn to the British pound sterling. In the same period, the GBP fell from $1.2620 to $1.2580. This happened as Prime Minister Theresa May called on the “special relationship” between the US and UK to be formally redefined now that there is a newly elected president. The first foreign visit of Trump’s presidency will be to Britain, where there will most likely be talk of new challenges confronting the West. We will continue to monitor this situation, so remember to follow us next week as well!

Daily News | Make the right first step!

The end of the binary options trading week is creeping up, so why not try ZoomTrader before it is too late? In our ZoomTrader Minimum Deposit article, we discuss all the ins and outs of depositing your money with this broker. The minimum deposit is 250 USD, GBP or EUR, depending on where you live. In countries where these are not the currencies, you can choose between them freely. This low minimum deposit is in place, as the company wants to attract as many traders as possible and help them on their way to financial independence. For more, be sure to read the full article!

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Author: Max Rothstein

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