Daily News | Deregulation worrying Germany

We are nearing the middle of the week in global binary options trading and there are plenty of great trades to be made on the currency market, if you know where to look. We will show you everything you need to know, starting with the Japanese yen. From Friday to Monday, the yen fell from $0.0090 to $0.0089. On Monday, Japanese stocks hit two-week highs, with the steady performance of the USD against the currency fueling the purchase of futures. The Nikkei gained 0.6% to 20,067.75, its highest close since June 5. The broader Topix rose 0.6% to 1,606.07, but turnover and actual trading of shares was lowest since May 30th. We will continue to look into this in the future, but let us now switch to the euro. In the same period, the currency fell from $1.1191 to $1.1152. German Chancellor Angela Merkel urged the G20 to stop any attempts to impose financial market deregulation, with more effort needed to curtail shadow banking. Her country will host the G20 summit in Hamburg next month, so it will be interesting to see how the issue of deregulation is resolved. We will continue to monitor this situation in the future, so tune in tomorrow as well!

Daily News | Check out what this excellent broker offers

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Author: Max Rothstein

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