Daily News | German economy on the rise

We are at the beginning of another exciting week in global binary options trading. Once again, there are plenty of opportunities to make sizeable profits, if you know just where to look. We have, of course, compiled data on the most important news items, so let us start with the euro. From Thursday to Friday, the currency fell from $1.0599 to $1.0557. This happened, despite German exports jumping higher than expected in November, the steepest rise in four-and-half year, pushing up industrial production in the final quarter of last year. This last batch of figures showcased evidence that the German economy gained momentum at the tail end of the year. The increase was driven by a 1.5% jump in construction output, the strongest gain since February. We will continue to look into this in the future, but let us now turn to the US dollar. In the same timeframe, the USD rose from €0.9434 to €0.9472. This came as Fiat Chrysler Automobiles vowed to invest $1 billion to modernize two plants in the US Midwest, as a response to the President-elect Donald Trump’s threats to push new taxes on imported vehicles. There will be a follow-up to this story after the inauguration, so make sure to follow us every day!

Daily News | Try trading binary options!

To make the most of the situation on the currency market this Monday, make sure you take a look at IQ Option. In our IQ Option Review 2016, we took a good look at the broker and their business practices. We found their trading platform to be superb, as they instituted a new one last year, using WebGL technology, you will be able to track up to nine charts at the same time. The design is clear and intuitive, with many tools and indicators to keep track of over 100 tradeable assets. For more information, check out the full article.


Recommended reading

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.