Daily News | British business riding high

We are at the beginning of another great week in global binary options trading. This means a whole lot of new opportunities for you to make a tidy sum on the currency market. As always, we have prepared the most important stories of the day, starting with the euro. From Thursday to Friday, the currency rose from $1.1092 to $1.1122. European companies like the German Knipex, have been increasing their efforts to combat demographic stagnation in Europe. Because of that, there is a large shortage of people of working age and an economic upturn has driven employment and vacancies to record highs. This problem of low birth rates and increased life expectancy are affecting many advanced economies. We will continue to monitor how companies are combating this problem, but we now turn to the British pound sterling. In the same timeframe, the GBP rose from $1.2449 to $1.2549. It seems that British business is experiencing stronger activity in the three months to October. At least, that what the Confederation of British Industry said this Sunday. Specifically, manufacturing exports are rising, due to the overall weaker sterling and consumers are spending quite a lot on the high street, but it seems that the services sector is falling behind. We will continue to follow these stories throughout the week, so make sure to come back here every day!

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Author: Max Rothstein

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