Daily News | European markets drop as euro rises

Another great week of global binary options trading is about to start and there are plenty of great deals to be made and much data to be reviewed! Join us, as we take a look at the most important news items of this Monday, starting with the Japanese yen. From Thursday to Friday, the yen rose from $0.00895 to $0.00899. The overall share average of the Nikkei dropped last Friday, as investors took profits on steelmakers. This has offset gains in Yaskawa Electric, as well as other machine-making companies. It dropped 0.2% to 20,099.75 points, which was further exasperated by the stronger yen, while the dollar continued to become weaker, but it is still expected that the index will remain above the psychological barrier of 20,000. We will continue to monitor Japan, but interesting things are happening on the European markets. In the same period, the currency rose from $1.1631 to $1.1656. This was a massive rise in the value of the currency, which has of course led to European markets sinking a bit, with corporate earnings being disappointing. The STOXX 600 fell by 1% to a weekly decline of 1.7%. This loss came as the index had one of its best weeks in more than two months, which could be a sign of changing sentiment. We will continue to look at Europe in the future, so stick with us tomorrow!

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