Daily News | Toshiba in nuclear problems

Welcome once again! We are continuing our coverage of the events transpiring on the global binary options trading market, with plenty of fish in the sea just waiting for you to come along. This Tuesday, we decided to focus on the Japanese yen and the US dollar. From Friday to Monday, the yen fell from $0.00883 to $0.00878. We have reports that Japan’s Toshiba Corp has shocked investors today with a last-minute delay to an eagerly awaited financial update, as it needed to analyze its Westinghouse nuclear business. Toshiba is expected to go beyond $6 billion when it comes to its US nuclear business due to hefty cost overruns at two projects, the number also including planned remedies. We will continue to look into this story in the future, but let us now look at the US dollar. In the same period, the USD rose from €0.9389 to €0.9432. Janet Yellen, the Federal Reserve Chair, is going to Congress for the first time since the Trump administration entered the White House. Trump’s economic policies remain very vague, as he did announce a rollback of financial regulation with scarce details. Even Fed Vice Chair Stanley Fischer said that there is so much uncertainty that no one knows what will actually happen. We will bring you the news on the results of this visit, so be sure to follow us daily!

Daily News | Trade without worries

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Author: Max Rothstein

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