Daily News | New deputy to the BoE appointed

We are at the very end of this binary options trading week, which means you should be prepared for some quick decision making on the currency market. This can only be done if have a good strategy in place, and we will help you formulate that plan with the most important market data out there! Therefore, this Friday, we decided to focus on the British pound sterling. From Wednesday to Thursday, the GBP rose from $1.3047 to $1.3073. The British government appointed David Ramsden, one of its senior policymakers, as its new deputy in the Bank of England, to serve in the negotiations to leave the European Union. Many analysts welcomed Ramsden and said he was a seasoned addition to the BoE. We will see how he steers future decisions at the BoE, but let us now look at the US dollar. In the same timeframe, the USD fell from €0.8598 to €0.8567. For the fifth week in a row, US-made capital goods increased, which has many theorizing that business spending on equipment helped boost growth in the second quarter. The economy grew at a rate of 1.4% in the previous quarter. We will keep you informed in the weeks to come, so you better be sure to stick with us!

Daily News | Trade quickly when on the move

In these last few hours on the currency market this week, be sure to choose 365BinaryOption as your broker. In our 365BinaryOption App article, we went through everything you needed to know to trade on the go. Their mobile application is available in the Google Play store and Apple’s App Store. This means that you will be able to utilize their platform on almost any device! There are so many possibilities available to you, as returns can go as high as 89%, and you even have an option to close your trades early. You can also customize your dashboard, so that it includes only the information that interests you! Check out the full article for more!

Recommended reading