Daily News | Steady growth on Tuesday!

Boy do we have a packed day today! Stick with us, as we explore the most important changes this Tuesday. We begin in Europe with the German economy, an important indicator of the euro’s standing. It will not disappoint today, as the majority of its indicators are projecting steady growth compared to their previous numbers. As far as the Eurozone as a whole is concerned, it too is expecting steady growth as well. Its Markit Manufacturing and Services PMIs are both trending towards growth. Its ZEW Survey-Economic Sentiment indicator is dropping, but when we consider the huge influence of the German market and the other indicators, the euro is most likely going to experience a bullish Tuesday. Moving on to the pound sterling, things also seem bright. Although the British Producer Price Index is expected to drop, other indicators, such as its Consumer Price Index and PPI Core Output, are expected to have a steady growth. Therefore, we project a bullish end to the trading day for the GBP, favoring currency buyers. Lastly, we turn to the U.S. dollar. Based on current indicators, such as the Housing Price Index and the Richmond Fed Manufacturing Index, the USD is expecting a rise in its value today, once again favoring buyers.

Daily News | What’s your best bet?

Today seems like a really good day for any prospective traders to get into the binary options trading world. If you fear you would not know where to start, try creating an account with IQ Option brokers. The minimum deposit is just $10 dollars, allowing anyone to get started, not to mention that they have the #1 trading app in over 20 countries! The broker does its best to be at the forefront of this industry when it comes to creating new technologies and their IQ Option Trading Platform 4.0 is the best proof of that.


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.