Daily News | Interest rate cuts stay low in Europe

We are at the end of this week in global binary options trading, but that should not stop you from making the most of the few short hours we still have left to make some smart deals in. We have all the data necessary to win big! This Friday, we start off with the euro. From Wednesday to Thursday, the currency fell from $1.1234 to $1.1213. The European Central Bank has once again denied that it would institute more interest rate cuts, stating that the economies of the Eurozone were on the rebound. Due to low interest rate cuts, the inflation would most likely remain weak in the years to come. In fact, the zone has been experiencing its best economic run since the global financial crisis started nearly a decade ago. We will continue to monitor this currency, but let us now switch to the US dollar. In the same period, the USD rose from €0.8900 to €0.8919. It seems that the number of seekers of unemployment benefits is dropping in the country, with a decline of 10,000 against a seasonally adjusted 245,000 for the week that ended June 3rd, as stated by the Labor Department yesterday. We will keep you up to date on everything that concerns your bottom line next week as well, so be sure to stick with us!

Daily News | Make the first step with a great broker

If you want to benefit from everything the currency market has to offer this Friday, be sure to check out ZoomTrader. In our ZoomTrader Minimum Deposit article, we have taken a look at the nitty-gritty details of the initial step you need to make with this broker after you sign up. The minimum deposit is 250 USD, GBP or EUR, which is pretty fair when you compare it to other broker in the industry. But the company has a lot more to offer, so if you want to explore their offer be sure to check out the full article!


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Author: Max Rothstein

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