Daily News | Exciting opportunities

And here we are folks, it’s the last day of another trading week, but the market is going on a hiatus with style! There are a ton of exciting opportunities, so do not miss out as we list the most important economic changes that will happen this Friday. We start off with the euro. It appears that the Year-over-Year Retail Sales index, i.e. the number showing changes in sales of the Eurozone retail sector, is projected to drop today. However, the Month-over-Month version of this index is expected to rise. With all the other forecasts remaining same as their previous standing, we have to assume that the slight bump made from this change will lead to a bullish day for the euro, which would mark a cautious departure from its previous standing.  Next, we turn to the U.S. dollar, another currency that offers exciting opportunities. It seems that Nonfarm Payrolls, the number of new jobs that appeared in the previous month in all non-agricultural business, will rise, a beneficial turn that is helped by the drop in the unemployment rate. Together with Factory Orders rising, which is the number of total orders of durable and non durable goods, we are predicting a bullish day for the USD, a continuation of its positive trend.

Daily News | Trade with the right company

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Author: Max Rothstein

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