Daily News | Lawsuit hits a Chinese company

The fast-paced world of binary options trading, particularly the currency market world, can sometimes be tricky to predict. This is especially the case if you’re a fresh trader struggling to get in on the action. That is why we offer a simple overview of the crucial currencies and stories of the day. It frees you up to trade and enjoy your time, without a care in the world! This Wednesday, we looked at the Chinese yuan. From Monday to Tuesday the currency fell from $0.1450 to $0.14493. This fall was further helped by the Chinese telecom equipment maker ZTE Corp being found guilty and having to pay millions of dollars. This came about after a lawsuit charging them that they broke the law that restricted selling of American-made technology to the countries of Iran and North Korea. Following the lawsuit, they made this deal with the Department of Justice, Commerce and Treasury. We will continue to monitor this settlement and all its implications, but now we turn to the US dollar. In the same period the USD rose from €0.9446 to €0.9462. This rise might give you a false sense of security, as it seems that both drug and bank stocks fell, so make sure to be on the lookout for a drop. Be sure to stick with us in the final stretch of this week!

Daily News | Deposit with ease

Although we are sure you would like to go at it alone, to be fully successful right of the bat on the market these days, you will need a quality broker. Binary Capital Markets is the perfect choice. In our Binary Capital Markets Minimum Deposit article, we take you through everything needed to start trading with the company. The deposit in question can be made in several ways, including online money transfer systems, like Sofort, credit and debit cards, such as Visa and MasterCard, and regular bank wire transfers, it being just $250, the standard amount charged by most brokers. For more, be sure to go look at the full article!


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Author: Max Rothstein

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