Daily News | Doubts surrounding the dollar

We are already nearing the end of this week in global binary options trading, but that should not be too much of a concern for you, dear readers. You have us with the inside scoop, ensuring that you always know, without any doubts, which trades to pick! This Thursday, we decided to focus on the euro. From Tuesday to Wednesday, the currency rose from $1.06474 to $1.07107. This happened as European Central Bank board member Benoit Coeure condemned economic isolationism as a surefire way to leave the most vulnerable members of our societies behind. He said this when speaking in New York yesterday and went on further to espouse the virtues of openness, collaboration and tolerance as key to economic growth. We will continue to look into European occurrences, but let us take a closer look at this American isolationism. In the same timeframe, the USD fell from €0.9341 to €0.9334. In spite of this, US President Donald Trump claimed that the dollar was getting too strong and backed away from calling China a currency manipulator. The dollar was hit hard by doubts over fiscal boosts promised by the President. We will of course monitor these developments in the future, so be sure to stick with us in the future!

Daily News | Want smooth withdrawals?

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Author: Max Rothstein

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