Daily News | Technology sector tumbles in the States

We are right in the middle of this week in global binary options trading and you have a wide range of interesting, and lucrative, new deals and data to choose from. For the full experience, however, we highly recommend you take a look at all the news we bring you today. This Tuesday, we looked at the euro. From Friday to Monday, the currency rose from $1.1188 to $1.1204. This happened as French Finance Minister remained optimistic that Greece would reach a deal on new loans from its European creditors, after having talked to his Greek counterpart. Eurozone finance ministers will meet in Luxembourg to discuss the country’s reform progress and what measures it is using to reduce its debt. We will be sure to tune in then, but let us now turn to the US dollar. In the same timeframe, the USD fell from €0.8937 to €0.8929. Both the Nasdaq Composite and the S&P 500 dropped, as a series of profit-taking moves put pressure on the highly-valued technology sector. These stocks had hit a high on Wall Street, largely helped by strong quarterly earnings. The index tumbled 2.7% on Friday, caused by a sharp drop in Apple shares. We will stay on top of the situation in the US technology sector in the following days, so stick with us!

Daily News | See how you need to trade

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Author: Max Rothstein

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