Daily News | Elections because of Brexit?

We are in the middle of this week in global binary options trading and there are plenty of great chances out there for you to make a profit on political and economic changes on the global stage. This Wednesday, we decided to focus on the British pound sterling. From Monday to Tuesday, the GBP fell from $1.2587 to $1.2826. This dip in the standing of the currency came just as British Prime Minister Theresa May called for early elections in June, as a direct result of the Brexit. She wants to strengthen her hand by gaining support domestically for her Brexit plan. In spite of these talks and the proceedings surrounding them, growth was faster than expected, along with high consumer confidence and low levels of unemployment. We will monitor to see whether or not these elections do happen, but, for now, let us look at the US dollar. In the same period, the USD fell from €0.9380 to €0.9328. This hit occurred across the board, with US homebuilding falling after a relatively productive February. Manufacturing output dropped as well and both are seen as clear indications that growth stopped suddenly in the first quarter. We will continue to monitor this downturn in the days to come, so stick with us!

Daily News | Trade on a high-tech platform

We are in for some stormy weather on the currency market in the weeks to come and you need someone in your corner helping you daily. That is why we took a look at IQ Option in our IQ Option Login and Trading Platform article, where we talked about everything you needed to know when starting out. First off, they have extremely low financial requirements, with a plethora of banking options, ranging from credit cards and wire transfers to various electronic wallet solutions, such as Skrill and Neteller. For more information on this company, go and check out our full article.


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Author: Max Rothstein

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