Daily News | Healthcare reform bombs

As we have come to expect from previous weeks, it is extremely important to start trading on the global binary options market in the right way. And what better time and place to start than the beginning of another great trading week! There are plenty of great opportunities out there, especially when you look at the euro. From Thursday to Friday, the currency rose from $1.0786 to $1.0803, which you might think would indicate that everything was going great in the European Union. However, it seems that there is a seed of doubt growing among companies within Europe’s largest economy, Germany. They have expressed concerns that good conditions would last, as they fear disruptions from new technologies. The Ifo does expect the economy to expand by 1.5%, though, so we will have to wait and see. In the meantime, let us look at the US dollar. In the same timeframe, the USD fell from €0.9271 to €0.9256. This scare came at the heels of the failure of the Republican healthcare reform, which has many worrying the economic rise of the US economy following the election of Donald Trump might be over. However, this has forced the Trump administration to create a workable tax reform that could deliver the stimulus Wall Street was hoping for. We shall of course monitor this situation, so stick with us!

Daily News | Get a broker you can trust!

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Author: Max Rothstein

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