Daily News | German politics getting complicated

Welcome to another great week of global binary options trading, where you will surely have plenty of opportunities to make the smartest trades that you could possibly make! Join us this Monday, as we will help you out by providing news on the Japanese yen. From Thursday to Friday, the currency dropped from $0.00903 to $0.00902. Nikkei’s shares higher closed higher last Friday, posting its biggest weekly gains in then months. The US dollar rose and this made investors start buying shares of exporters, which is one of the causes for Nikkei’s growth. The index initially fell in the opening, but soon reversed course and ended 0.5% higher at 19,909.50. For the week overall, the index rose 3.3%, its biggest weekly gain since November. The broader Topix rose 0.4% to 1,638.94. We will continue to follow Japanese market news, but let us now look at the euro. In the same period, the currency rose from $1.1885 to $1.1958. There is turmoil in the German politics, as Germany’s Free Democrats stated that they would not be joining Chancellor Angela Merkel’s post-election coalition if they supported French plans for deeper integration in the Eurozone. German politics faces a big day next Sunday, as the nation will go to the polls, where it is likely that Angela Merkel will win her fourth term in office, but not secure enough votes to govern alone. We will continue to look into this in the future, so stick with us!

Daily News | Want to join a professional broker?

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Author: Max Rothstein

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