Daily News | Markets bounce back

Once again, we are nearing the end of the global binary options trading week. Yet, there are still plenty of opportunities for you to make it big on the currency market. We have once again compiled all the important information so that you do not have to. Now let us look at the Japanese yen. From Tuesday to Wednesday, the currency rose from $0.0095 to $0.0098. Asian markets are rallying today, with shares outside of Japan bouncing 2% after slumping 2.4%. Furthermore, the Nikkei emerged even stronger, as it jumped 7% at one point, after sinking 5% on Wednesday. Now, let us look at what is happening with the US dollar in these turbulent times. Naturally, this Thursday all the data from the US markets revolves around the victory of Donald Trump in the US presidential elections. In the same period as the yen, the USD rose from €0.9062 to €0.9132. This shift happened alongside the Standard & Poor’s rating agency affirming the country’s investment-grade rating of AA+. They assume that the robust checks and balances of the US system will more than make up for any lack of experience the president-elect has in public office. Therefore, it seems that everything is slowly getting back to normal. However, we will still keep an eye on these markets and keep bringing you the latest updates.

Daily News | Had enough of politics?

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Author: Max Rothstein

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