Daily News | Lucrative changes

It is the second day of this global binary options trading this week, and the great opportunities just keep on coming! Join us, as we explore everything that is available on the market and we tell you about the most lucrative changes that could influence the currency market. Once again, we start off with the euro. Unsurprisingly, the most important single economy will be the German economy, with its Unemployment Change index, which shows the change in the number of people without a job in Germany by using data that is adjusted seasonally. It seems that it will move in a positive direction, alongside the Consumer Price Index of the Eurozone as a whole. This index shows us the changes in the price of all goods and services, so we have concluded that the euro could experience a bullish day today, which is a departure from yesterday’s negative standing. Next, we turn to the U.S. dollar. It is expected that the Personal Spending index, which shows how much households and by nonprofit institutions buy goods and service, will rise. The same can be said for Consumer Confidence, which captures the level of confidence that individuals have in economic activity. It is our projection that, because of these lucrative changes, the USD will rise in value.

Daily News | Trade safely!

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Author: Max Rothstein

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