Daily News | S&P experiencing rough times

This global binary options trading week has started to pick up some steam today, so be sure to follow us as we delve deep into the currency market! This Tuesday, we decided to focus on the euro. From Friday to Monday, the currency dropped from $1.1656 to $1.1634. The euro still rose to 23-month highs on Monday, with many investors remaining bullish, in light of data that showed that the economy would only experience a mild slowdown. This data had a calming effect on market experts, as fears were alleviated that the currency did not curb prospects of growth in the Eurozone. Even European Central Bank President Mario Draghi stated that this would not be a problem nor did he advocate depreciation. Whatever the case may be, we will keep you informed in the days to come, but let us now turn to the US dollar, which rose from €0.8579 to €0.8595 in this period. The S&P 500 index dropped because of the losses experienced by Johnson & Johnson in late morning trading on Monday. The Nasdaq did not change much, with investors focusing on the big earners of the tech industry, as it is still one of the top performers this year in the S&P sector. We will keep you informed in the days to come, so keep on reading!

Daily News | Trade with a trustworthy partner

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