Daily News | European politicians tighten borders

We are at the end of this week in global binary options trading, but that does not mean you should stop trading! We encourage you to go on, with all the data we will give you about the most pertinent economic news items out there! This Friday, we decided to analyze the euro. From Wednesday to Thursday, the currency fell from $1.0564 to $1.0506. Yesterday, politicians in the European Parliament called on EU executives to start issuing visas to Americans before they can visit Europe this summer. This issue has been in the spotlight for some time now and the move will surely speed up its resolution. The European Commission did say that they were looking for a diplomatic solution, especially since this move could really hurt Europe’s tourism sector.  We will continue to monitor this situation, but let us turn to the US dollar. In the same timeframe, the USD rose from €0.9465 to €0.9517. The rise in business and consumer confidence throughout the first weeks of President Donald Trump in office has led to the Federal Reserve sustaining its interest in rate hikes. In fact, Fed Governor Jerome Powell said that there was a real case for increasing rates in March. We will continue our coverage of thing politicians on both sides of the Atlantic do next week, so don’t forget to come back on Monday!

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Author: Max Rothstein

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