Daily News | Financial sector under investigation in UK

Although you might be worried about the upcoming end of this week in currency trading, be sure that we have your back in this final stretch! The data we analyzed clearly shows that we have a great Thursday in store for us on the binary options market! And with that, we start things out with the British pound sterling. From Tuesday to Wednesday, the GBP fell from $1.2208 to $1.2168. This fluctuation happened, as the Financial Conduct Authority investigated most of the 17 asset managers that were failing to execute recommendations made by the organization. Specifically, dealing with commission, which is worth $4 billion dollars. This data was revealed during a detailed review of the $5.7 trillion pound funds industry. We will continue to look into this big financial issue, but let us now turn to the US dollar. In the same period, the currency rose from €0.9452 to €0.9485. The Dow Jones Industrial Average and the S&P 500 fell yesterday as energy stocks dropped to six-month lows. The entire sector slumped 2.5%, while oil prices fell more than 5%. Interest rates were also losers on Wednesday as well. It seems that interest rates might be on the rise as well, with the US Federal Reserve set to rise due to a weak payrolls report. Be sure to see check in tomorrow!

Daily News | Trade more

If you really want to see a noticeable change in your returns on the currency market this Thursday, make sure you check out Binary Capital Markets. In our BCM Bonus article, we talk about the bonus you receive when signing up with the company. No matter what account type you get, the welcome bonus will be available to you. It can even get as big as 150%, an impressive amount. In fact, the bare minimum is 25%, which is great, coupled with the minimum trade requirement of only $10. Be sure to check out our full article for more!


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