Daily News | European stocks take the stage

It is the middle of the global binary options trading week and there is plenty of important market news to report on! Join us as we look at it and give our opinion on what this data means! We start with the euro. European stocks are experiencing two-week lows, which experts claim is the result of a 3 percent fall of the Deutsche Bank and Credit Suisse. It seems that there is a problem with low-interest-rate environments. This, however, has not stopped the euro from experiencing a slight rise from Monday to Tuesday, from $1.117 to $1.121. We advise caution when investing in the currency, as the lower value of European stocks could hamper the euro as well. As for the Japanese yen, it rose slightly in the same period, from $0.0097 to $0.0098, perhaps increased by the fiscal stimulus package approved by the Japanese’ cabinet. The yen in fact hit its strongest position in three weeks because of this measure.We hope that we will see this positive trend increase in the days to come and we will stay on top of the situation in Japan. Remember to stay on top of all the news this Wednesday to not get surprised by sudden shifts!

Daily News | Grab this opportunity

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Author: Max Rothstein

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