Daily News | The final debate

And here we are folks, it is the end of this global trading week. We let it go out with a bang, with plenty of news stories to get through that could have a positive, or negative, impact on your wallet. Let’s start this Friday by looking at the euro. From Wednesday to Thursday, the currency rose from $1.0960 to $1.0971. This data comes to us after the European Central Bank left ultra-loose monetary policies unchanged, but also did not close the door on more stimulus in December. Mario Draghi, president of the ECB, did not comment on any specific new moves but did emphasize that the expected growth of inflation is predicated on substantial financial accommodation. We will continue to monitor the situation as it develops, but let us take a look at the US dollar. In the same timeframe, the USD fell from €0.9123 to €0.9114. The final presidential debate had serious repercussions for the US economy. It left American assets less secure, as they didn’t spend much time discussing economic issues. In the debate, neither candidate impressed upon the moderator that their fiscal plans were tenable, which would raise the national debt, while Trump’s tax measure would send the country in the wrong direction. We will continue to look at both situations as they develop.

Daily News | Take care of your money

To really make your mark on the currency market this Friday, be sure to check out 365BinaryOption. In our 365BinaryOption Withdrawal Review, we wrote about the various methods you could use to transfer your funds around. We were happy with the variety of options, with the GBP, USD and EUR on the table for you to choose. It is extremely safe as well, as it is regulated by the Financial Services Authority. They also protect your data with 128-bit SSL encryption, which is one of the safest methods in the world today. For more on this topic, be sure to check out the main article!

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Author: Max Rothstein

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