Daily News | The Bank of Japan reacts

We are nearing the end of the current global binary options trading week, so we have compiled the most pertinent news items of the day to help you decide where to invest. As with almost every day this week, let us discuss the status of the Japanese yen first. From Tuesday to Wednesday, the yen had a slight drop off, from $0.00979 to $0.00976. This could have come about due to the fact that the Bank of Japan is creating extensive monetary measures to ease the stress on the Japanese economy. This has created broader risk sentiment, which led to global debt yield highs this week. Furthermore, the Nikkei fell by a 1% to a three-week low. Be on the lookout for the next moves of the Bank of Japan. In the same timeframe, the US dollar fell from €0.8895 to €0.8875. One possible reason for that is the massive distrust that the average American has for Washington and the frequent gridlocks in the capital, according to a Harvard Business School study released this Wednesday. The study included factors such as the growing wealth gap, declining productivity and a growing number of working-age people that are neither employed nor seeking jobs. This growing disillusionment with the establishment could further divide the country, leading to a drop in the USD, so make sure to be ready for that.

Daily News | Team up with the best

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Author: Max Rothstein

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