Daily News | New challenges for the Euro

Here we are, another Monday and another chance to have a lucrative day on the market. Stick with us as we go into greater detail on all the opportunities to make some money today. The biggest news now concerns the euro. The Markit Services Purchasing Managers Index, as well as the Markit Manufacturing PMI of France appears to be stagnant, both maintaining their previous numbers. However, if we look at the same economic calendar indicators for Germany, we see a slight drop off in values. Similarly, the Markit Services Manufacturing and Composite PMIs of the EU as a whole seem to be dropping. The Consumer Price Index of Italy is slated to remain unchanged. This leads us to believe that the euro will experience a decrease in value, or a bearish Monday, which will favor sellers of this currency. Staying in Europe, the Swiss franc is seeing some positive movements, as Producer and Import Prices are expected to rise somewhat, which could very well lead to a more bullish CHF. Now let us move on to the U.S. dollar. It appears that the Markit Manufacturing PMI of the country will rise a bit, which could further bolster the strength of the currency this Monday. And last but not least, it looks like economic indicators of Japan, or rather, the Nikkei Manufacturing PMI, will falter by a slight margin, leading to a bearish day for the yen.

Daily News | So what do you do?

If you are asking yourself how to best profit from all these different market events, look no further. With the brokers over at Porter Finance, you will have no concerns when it comes to turning a profit. With ten risk free trades, live trading signals, over 200 available assets, a complementary binary trading guide and much, much more, Porter Finance gives you the tools you need to become a binary options trading professional. Why not give it a try? Read our Porter Finance Review article for more info!

Recommended reading

Author's overall rating:
Author: Max Rothstein

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.