Daily News | Greece loses bailout

Another exciting week of global binary options trading is about to begin and we have the most important news stories out there, so that you don’t have to waste precious time looking for them! Read on, dear reader, as we give our opinion on what this data means for the currency market. We start this Monday with the euro. This currency dipped from $1.1194 to $1.1158 from Thursday to Friday. This might be due to concerns raised because the Eurozone leaders are not planning on releasing additional bailout money for Greece at a meeting in Bratislava this month. The reason behind this is that Greece has not implemented all of the political reforms it was expected to do to receive the money. We will continue to follow this story as it develops, but now let us look at the US dollar. In the same period, the currency rose from €0.8933 to €0.8961. This came hot on the heels of the US Federal Reserve’s likeliness to still raise interest rates in the coming months, despite disappointing jobs numbers. Nonfarm payrolls rose by 151,000 jobs last month, which was well below the 180,000 jobs mark that economists expected. Read our daily news to get the scoop on these stories, and more, as they develop!

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