Daily News | Italians concerned over the euro

We are in the middle of this week in global binary options trading. That still leaves you with plenty of time to make your mark on the currency market, with our help of course. Join us, as we look at everything that might impact you, starting with the euro. From Monday to Tuesday, the currency fell from $1.0732 to $1.0691. It seems that Italians are losing faith in the currency, as many called in to a radio show to ask Italian central bank’s deputy governor why the country did not return to the old lira currency. This, coupled with the possibility of an election by June, seems to be creating a growing hostility among Italians towards the euro. We will continue to monitor this anti-euro sentiment, but let us now turn to the US dollar. In the same period, the USD rose from €0.9317 to €0.9353. It seems that the US trade deficit fell in December as exports hit their highest levels in more than one and a half years. However, there does seem to be a growing domestic demand, which could then lead to more imports, constraining economic growth. The deficit decreased from $63.9 to $62.3 billion in November. For more news, remember to follow us daily!

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Author: Max Rothstein

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