Daily News | Japanese government to hold snap elections?

Welcome to another exciting day of global binary options trading! There is plenty to see and do today, so be sure to have a solid plan to maximize your returns! Join us this Tuesday, as we decided to focus on the Japanese yen. From Friday to Monday, the currency fell from $0.0090 to $0.0089. Japanese Prime Minister Shinzo Abe is considering calling snap elections for as early as next month, in order to capitalize on the fact that his approval ratings have improved, together with the disarray in the main opposition party. One option for these snap elections would be October 22nd, as three by-elections are scheduled for the same day. Others are after an expected visit by US President Donald Trump in November. Naturally, we will be keeping an eye on this, but  there are news from the States, too. In the same timeframe, the USD rose from €0.8362 to €0.8368. The dollar thus rose to a more-than seven-week high, as investors awaited news from the US Federal Reserve on when they would implement further rate hikes, as well as the subsiding of tensions with North Korea. US stocks hit record peaks as well, lifted by industrial and financial stocks. We will continue to inform you in the future, so stick with us!

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Author: Max Rothstein

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