Daily News | Japanese fears

We are at the beginning of another great week in global binary options trading. Join us, as we explore the most important news items of the day. There is a lot of data to go through, but we have chosen only the most relevant. This Monday, we start with the euro. From Thursday to Friday, the currency fell from $1.0654 to $1.0597. However, the latest data on the currency market shows that the euro will rise, as it rose from an 11-month low against the US dollar today. New data on the French and German elections show them to be less uncertain, helping the euro along. Strategists have said that the euro was boosted by a slight weakening of the dollar, after hitting its highest levels in almost 14 years on Friday. We will continue to monitor the situation, but let us now look at the Japanese yen. In the same period, the yen fell slightly, from $0.0091 to $0.0090. Takako Masai, a board member of the Bank of Japan, stated that the US presidential elections, Brexit and the weak state of the EU financial sector could be possible causes of future global economic weakness. She also stated that uncertainty about overseas economies could hurt Japanese sentiment. We will continue to monitor this situation in the future, so continue to follow us every day!

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Author: Max Rothstein

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