Daily News | European shares keep changing

The week has barely begun, but exciting news bits from all around the world are coming in and changing the shape of global binary options trading, and especially the currency market. As always, we will take a look at them and give our opinion on the stories as they unfold. This Tuesday, we start with the euro, continuing from the banking troubles the continent has been facing for some time now. The euro has seen a rise from Friday to Monday, from $1.1079 to $1.1084, a slight bump in value. This was in large part because bank shares rose this Monday, with the banking sector adding the most points to European stock markets. Although this is a positive development for buyers, Airbus shares fell in large part due to the British Serious Fraud Office launching investigations into the company. Buyer caution is advised for the euro. As far as the US dollar is concerned, it fell in the same time period from €0.9025 to €0.9021, in spite of the fact that jobs data has boosted investor sentiment on the US market. We see this as a temporary slump, as all market data seems to be indicating robust economic growth for the States, especially after the rise in oil prices due to OPEC members considering restraining output.

Daily News | Deposit with a reliable company

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Author: Max Rothstein

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