Daily News | Japan has doubts about the US

We are all set to begin this new week of global binary options trading with style, as there are plenty of interesting developments happening all across the globe, both in the political and economic spheres. Join us, as we take a closer look at the Japanese yen. From Thursday to Friday, the currency rose from $0.00879 to $0.00882. In spite of this rise, the Japanese have some doubts which were raised by the new direction US politics and economics have taken, following last November’s elections. Officials from the Japanese finance ministry also expressed doubts over whether the US Federal Reserve would be quick enough to raise interest rates, with the biggest conundrum surrounding US tax cuts, which would help reinvigorate the US economy. We will continue to look into this in the future, but let us now look at the euro. In the same timeframe, the currency rose from $1.0869 to $1.0927. This rise would be fine, were it not for the worrying data that Greece has cut its 2017 growth forecast from 2.7% to 1.8%. This was caused by the failure to realize bailout reforms that should have happened by this point. We will, of course, look into this in the future, so be sure to stick with us!

Daily News | Trade with the best

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Author: Max Rothstein

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