Daily News | Federal Reserve divided

Another global binary options trading week is drawing to its end, but that will not stop us from informing you about all the most important developments from the world of business and how best to use this data on the market. For this Thursday, we took a look at the Japanese yen. From Tuesday to Wednesday, the currency rose slightly, from $0.0098 to $0.0099. This is a problem, as the Bank of Japan has been actively seeking solutions to prevent such a development. This could cause Japan’s equities to lag behind, as the bank relief rally is slowly running its course. We will just have to wait and see if the situation improves. Now, let us move on to the US dollar. In the same timeframe, the USD rose from €0.8950 to €0.8957. We have been covering what the Federal Reserve has been doing with interest rates for a while now and yesterday, they ultimately left them unchanged. However, they did give vague assurances that they would tighten monetary policy by the end of the year. They did signal that there would be a change in the rate at some point by the end of the year, however. Yet, the people running Federal Reserve seem to be increasingly divided, so nothing is certain in this case. We will continue to report on this story as it develops further.

Daily News | Invest easily

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Author: Max Rothstein

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