Daily News | The mining industry takes center stage

This global binary options trading week is at its end, so you’d better be ready to get in those last minute trades that might secure a successful week of trading for you! This Friday, we analyze what is influencing the euro. Over the last 24 hours, it fell from $1.1412 to $1.1393. The pan-European STOXX 600 index rose by 0.4%, somewhat ahead of blue-chips and Eurozone stocks. The European benchmark showed its best day since Macron took office in France. The mining industry also showed continued strength, gaining 1.5%, nearing its three-month high. Government bond yields are likely to move higher and produce a market focused on cyclicals, which are rate-sensitive parts of the stock market. We will continue to look into European affairs next week, but let us now take a look at the US dollar. On the other side of the Pond, the USD rose from €0.8762 to €0.8776. The mining industry is also at the forefront of the US economy this week, as a proposed copper mine in Arizona might tip the scales on industry permitting regulations. The mine would also give the region a significant economic boost, as it would employ 1,400 people and give $20 billion dollars in taxes. We will continue to look into these stories next week, so keep on reading!

Daily News | Enjoy your trading experience

It is the end of this week in global currency trading, so you better find a quality broker, like IQ Option, to help you on your way! In our IQ Option Login and Trading Platform article, we discuss the finer points of accessing the company’s trading platform for the first time and how best to utilize it. Their dashboard is very clear and easy to navigate and you can always open up a demo account to show you the ropes. Not to mention that this broker offers high quality eBooks and video tutorials. For more, be sure to check out our full article!

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Author: Max Rothstein

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