Daily News | French elections closing in

Here we are dear readers. It is the end of this week in global binary options trading, but there is still some room left in these short few hours to squeeze in some smart, and lucrative, trades! Join us, as we dive head first into the currency market, starting with the euro. From Wednesday to Thursday, the currency rose from $1.0706 to $1.0723. The recovery in the euro also carried over to stocks rising as well in the Eurozone. This happened as a market-friendly candidate was in the lead, as the presidential elections are looming over France this week. However, with similar situations during the Brexit referendum and the US presidential elections, low voter-turnout and indecision could be key in determining who wins the presidency. We will of course see what the fallout of the elections will be on Monday, but let us now turn to the US dollar. In the same period, the USD fell from €0.9339 to €0.9324. In spite of this, US jobless benefit applicants increased in number over last week. However, the number of unemployed Americans dropped to a 17-year low, which shows that the labor market is continuing to tighten. That is all the news we have for you this week, so be sure to check us out next week!

Daily News | Find the right strategy

Even though we are at the end of this week in the global binary options market, new challenges await around every corner and you need a quality broker by your side, such as IQ Option. In our IQ Option Pattern article, we discuss the best ways you can utilize what this broker has to offer. For example, they offer a wide variety of tools and indicators to maximize the effectiveness of your trading experience. You can even try them all out using a free demo account, making it that much more convenient to learn about trading on the currency market. Check out the full article for more!


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Author: Max Rothstein

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