Daily News | Housing assistance in jeopardy

You better be ready to strap in for another superb week on the global binary options market! As always, we have prepared the best news items of the day for you to examine. This way, you will have more time to focus on trading to your heart’s content! The first thing we want to focus on this week is the euro. From Thursday to Friday, the currency rose from $1.0515 to $1.0553. This could have been brought about by the restructuring efforts of Deutsche Bank. The bank wants to reinvent itself by raising capital, listing its asset management business and realigning its divisions. This is coming after the bank went down 1.4 billion euros last year and is part of the lender’s push to stop a series of scandals that have been causing trouble ever since 2012. We will continue to look at what the company has planned, but let us now look at the US dollar. In the same period, the USD fell from €0.9509 to €0.9475. This happened as housing assistance by the US Department of Housing and Urban Development could suffer from new financial proposals that could be soon made by the White House and Congress. Taxes could go down significantly and the military budget could go up a lot. We will look into how these stories develop this week, so stick with us!

Daily News | Want a new great broker?

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Author: Max Rothstein

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