Daily News | Geopolitical tensions shock markets

We are in the middle of this week in global binary options trading, with plenty of things happening as Easter is fast approaching. Geopolitical tensions are at the focus today. Luckily, we are here to provide you with insight into all these changes, starting with the Japanese yen. From Monday to Tuesday, the currency rose from $0.00901 to $0.00910. This happened despite the Nikkei’s share average dropping yesterday. This happened due to ever increasing tensions over North Korea, helped by the stronger yen and the uncertainty surrounding the French presidential elections. In terms of numbers, the Nikkei dropped 0.3%, with turnover hitting its lowest point in almost a month on the Tokyo Stock Exchange. We will continue to monitor this situation on the currency market in the days to come, but let us now look at the US dollar. In the same timeframe, the USD rose from €0.9429 to €0.9430. This happened as American stocks renewed their fall yesterday, with their worst day in three weeks. This was also influenced by rising geopolitical tensions. This was further worsened by President Donald Trump vowing to authorize additional strikes on Syria, if the government used chemical weapons. We will continue to see where these tensions will take the currency market in the future, so stick with us!

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Author: Max Rothstein

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