Daily News | Davos elites worry about Trump

We are at the start of another great week of global binary options trading. Once again, there are plenty of great stories that could net you a tidy profit!  Here are some of the most important news items of the day to help you out and leave you more time for trading! This Monday, we focused on the euro. From Thursday to Friday, the currency dropped from $1.0665 to $1.0625. This came about as EU Brexit negotiator Michel Barnier said that the supranational organization would be extra careful in allowing Britain to access the bloc, as it could pose a threat to the financial stability to the EU. Furthermore, any equivalence rules between the two would need to be tightly drafted, as much EU business is likely to still pass through the city. We will continue to monitor these proceedings in the future, but let us now look at the US dollar. In the same period, the USD rose from €0.9376 to €0.9411. This happened as the elites in Davos tried to stem their anxiety about an increasingly toxic political climate, and a very real sense of uncertainty surrounding the presidency of Donald Trump. This deep sense of uncertainty is felt not just in Davos, but across the world, especially since elections in the Netherlands, France and Germany are right around the corner. We will continue to monitor this situation in the future as well, so stick with us!

Daily News | Trade with the best

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Author: Max Rothstein

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