Daily News | Deciding factor changes for dollars

Here it is folks, it has finally arrived, a brand new week of binary options trading and boy is it an exciting week! Today will start out slow, but be sure to check our analyses daily, as we meticulously look at all the movers and shakers on the market! We start the day off by looking at the situation in the U.S. The USD will see one deciding factor change today, which is the National Association of Home Builders Housing Market Index. This index looks at home sales and expected home buildings which can project the state of the housing market. Currently it is projected that this particular index will rise by one point today, which can be seen as a positive development for the U.S. dollar, favoring currency buyers. Next, we look at Canada and its dollar. It appears that the Foreign portfolio investment in Canadian securities index will play the deciding factor for the CAD today. It is projected that this index will fall significantly this Monday, which could seriously influence the Canadian dollar. Based on this index, the only currently available forecast, we have to surmise that the Canadian dollar will experience a bearish day today, favoring sellers.

Daily News | Would you like to make some lucrative deals?

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Author: Max Rothstein

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