Daily News | Chinese investors active in the US

We are nearing the end of this week in global binary options trading. However, there is still plenty of time left for you to make the best possible trades out there on the currency market. This Thursday, we are looking at the euro. From Tuesday to Wednesday, the currency fell from $1.1265 to $1.1240. This happened alongside the Deutsche Boerse AG being on the lookout for deals in the index, data and analytics fields, following a failed merger with the London Stock Exchange Group PLC. The third attempt to link the two bourses ended in March, after disagreements led to the deal falling through. This was, of course, spurred on by uncertainties felt following the end result of the Brexit vote. We will continue to follow European mergers in the future, but let us now turn to the US dollar. In the same period, the USD rose from €0.8876 to €0.8892. The US Securities and Exchange Commission should decide in the next 60 days whether they will allow Chinese investors from the Chongqing Casin Enterprise Group to purchase the Chicago Stock Exchange. The company is a niche player in the equities game in the States, accounting for 0.5% of total stock transactions in the country. We will continue to monitor how Chinese investors come out of this, so make sure you don’t miss our daily news!

Daily News | Test everything before investing

To make the most of the few short days we have left on the currency market, be sure to check out ZoomTrader. In our ZoomTrader Demo Account article, we discuss the most important characteristics of this wonderful feature this broker has to offer. Naturally, you cannot expect to be an ace trader right off the bat, there are plenty of things you need to learn to hone your skills. That is why this account is perfect for up and coming traders who need that extra polish to be truly great. For more, be sure to check out the full article!


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Author: Max Rothstein

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