Daily News | Sector news from the US

Today, we are continuing our coverage of the most important news stories of the day that could influence the economies of the world. Consequentially, they can also influence your bottom line on the currency market! This Tuesday, we took special care to look at the Asian markets with the Japanese yen. From Friday to Monday, this currency rose from $0.00904 to $0.00905. The Nikkei’s average on Monday barely changed at all, as it continued to keep close to 22-month highs, with the yen’s overall rise against the dollar faltering. Construction company shares did surge, however, alongside rental company Kanamoto Co. The market ended up at 20,170.82, 0.03% lower than last week. We will continue to look into the Japanese economy, but let us now turn to the US dollar. In the same timeframe, the USD rose from €0.8872 to €0.8883. Despite of this rise, it seems that the US services sector activity slowed in May, with new orders tumbling. Even the non-manufacturing activity index fell six-tenths of a percentage to around 56.9 points. With a reading above 50 indicating an expansion in the sector, accounting for more than two-thirds of the US economy. We will continue to follow the news tomorrow, so be sure to head on back here for all your market data!

Daily News | Access the market in a flash

If you wanted to make the most of the situation on the currency market, be sure to choose ZoomTrader as your broker. In our ZoomTrader Login article, we talk about everything you need to know when first starting to deal with this broker. The broker is extremely safe, as the company uses SSL encryption for your data, while all transactions can be completed via bank wire or Visa and MasterCard credit cards. When first signing up, you will fill out a short form on their website with only the most basic information and be done with the process in a few short minutes. For more information, be sure to check out our full article.


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.