Daily News | Great opportunities today

It is the second day of the global binary options trading week and the market is just brimming with great opportunities! You do not want to miss our in-depth review of the best ways to profit from the economic changes that will impact currencies worldwide! We start with the British pound sterling. The output version of the Producer Price Index, showing how much the price of goods produced by UK manufacturers change, is expected to drop. This trend can be seen with its input version as well, which shows us the rate of inflation UK manufactures  suffer when they are buying goods and services. This, coupled with the drop of the Consumer Price Index, means that the GBP will most likely drop, favoring buyers. We will continue to follow this negative trend as it develops. In other news, great opportunities continue to appear with the U.S. dollar. Based on the Housing Starts index, which tracks how many new single-family homes or buildings were constructed and which is projected to rise, alongside the Consumer Price Index, it seems that the good times are continuing for the USD, which will most likely have a bullish Tuesday.

Daily News | Get a safe broker!

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Author: Max Rothstein

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