Daily News | EU and Japan striking a deal?

We are in the middle of the global binary options trading week, and it seems that a major international business deal is upon us. Join us as we look at news items that could have a great impact on the currency market! Today, we start things off with the Japanese yen. From Monday to Tuesday, the currency remained steady at $0.0086. This just might change for the better, as the European Union and Japan are in active talks to create a free-trade deal. These talks have been of greater significance ever since the US President-elect Donald Trump said that the States would withdraw from the Trans-Pacific Partnership. The Prime Minister of Japan has stated that he wants to reach an agreement by the end of the current year, so be sure to watch out for that in the coming weeks. Now, let us look at the US dollar. In the same period, the USD fell from €0.9430 to €0.9400. Investors are certain that the Federal Reserve will most likely lift interest rates for the first time in a year today, but uncertainty remains as to what they will do in the year to come. For more on these stories in the future, be sure to follow us every day!

Daily News | Ready to make a profit?

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Author: Max Rothstein

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