Daily News | Japanese shares shine after French elections

Welcome to another day of global binary options trading today! We have a ton of news to go through, which could have a positive effect on your bottom line, so read on, dear traders! This Tuesday, we focused on the Japanese yen. From Friday to Monday, the currency fell from $0.00887 to $0.00885. Because of this drop, Japanese shares hit levels not seen in more than 17 months at the beginning of this week. The yen staying week helped to keep heavy trading going, after Emmanuel Macron became the president of France, with the vision of a business-friendly Europe helping boost investor confidence. The average of Nikkei shares rose 2.3% to 19,895.70, which was the highest it had been since early December 2015. We will continue to monitor Japanese shares, but let us now look at the US dollar. In the same period, the currency rose from €0.9095 to €0.9149. This happened, as new data supported the fact that the US Federal Reserve has now officially reached its employment goals and is nearing its inflation goals. This has further cemented the notion among economists and investors that the central bank would likely raise rates a bit in June, so be sure to look out for that! Be sure to follow us tomorrow as well!

Daily News | Enter an exciting world

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Author: Max Rothstein

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