Daily News | Fourth quarter troubles US

Another day, another set of business opportunities in the exciting world of binary options. The market just won’t relent. Once again, we bring you the news that will affect the market in a profound way, so that you can come up with the right trading strategy. There’s a lot to discuss, so let’s get going. This Wednesday, our analysis starts off with the euro. From Monday to Tuesday, the currency fell from $1.0721 to $1.0720. The STOXX Europe 600 Banks index was up 1.6%, as it rose to its highest level since January. Italian banks also rose 2.2%, which is a positive development in the face of the resignation of Italian Prime Minister Matteo Renzi. We will continue to monitor all the data coming in from Europe, but we will now turn to the US dollar. In the same timeframe, the USD fell from €0.9326 to €0.9296.The US trade deficit recorded its biggest gains in more than a year and a half in October, which seems to suggest that this will be a drag on growth in the fourth quarter. The deficit rose to $60.3 billion from $54.2 billion in September. We will continue to monitor this situation and whether we can expect positive changes in the final stretch of the fourth quarter.

Daily News | Use a high-tech platform!

If you want to make your mark on the currency market this week, we suggest you take a look at IQ Option. In our IQ Option Trading Platform 4.0 article, we write about all the technical details you need to know to have a great experience with this broker. Their new platform, launched this year, offers a superb array of graphs and charts, they also offer both classic methods of trading and a 60-second turbo option, which will benefit all traders, new or old alike. For more on what they have to offer, check out our full article!

Author's overall rating:
Author: Max Rothstein

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.