Daily News | Fed changing its balance sheet

It’s already Thursday, so you should hurry if you still haven’t made your move on the market. But don’t worry, there is still so much left to see and do this week! Join us, as we give you the tools that you need to make the most of your time trading binary options! Today, we focused on the euro. From Tuesday to Wednesday, the currency rose from $1.0661 to $1.0667. This happened as French media group Vivendi stated that it could be in de facto control of Telecom Italia, as it is expected that a new board of directors will be appointed following a meeting next month. The European Commission has received notification from Vivendi about this eventuality and the investigation is ongoing. We will monitor this situation as it develops, but let us now turn to the US dollar. In the same timeframe, the currency fell from €0.9379 to €0.9373. Fed policymakers have announced that it would like to begin making its $4.5 trillion balance sheet a bit smaller later in the year, as long as the current economic data continues to go the way it is going. This kind of balance sheet would mean a change in the reinvestment policy of the institution, which we will report on in the weeks to follow!

Daily News | Trade without worries

To make the most of the situation on the currency market this week, we advise you to take consider making ZoomTrader your broker. In our ZoomTrader Minimum Trade article, we discuss everything you need to know to trade about trading with small amounts and this company. The minimum trade is only $10, which also opens up a ton of opportunities to invest your money in plenty of exciting binary options assets and see which of those can give you the best returns on your investment. To find out more, be sure to head on over to our main article!


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Author: Max Rothstein

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