Daily News | Toyota releases its forecast

We are at the start of another great week in global binary options trading and there are plenty of great options out there for all discerning traders! Join us as we look at the most pertinent news items of the day so that you do not have to! This Monday, we focused on the Japanese yen. From Thursday to Friday, the currency rose from $0.008890 to $0.008893. This occurred, as Toyota increased the profit forecast by 9.7% for the full year, as it is expecting a bigger reprieve from a weakening yen, with cost-cutting efforts in effect as well. It has been aggressively marketing locally produced cars and car parts, just around the time the US dollar sank to 100 yen. We will continue to monitor the moves Toyota makes in the future, but let us now turn to the USD. In the same period, the currency rose from €0.9256 to €0.9267. US data is showing a rocky start to the week, as a smaller-than-expected rise in wages in January reinforced expectation the Federal Reserve will not raise interest rates next month. It seems that wage growth was not the only disappointing statistic, as the unemployment rate edged up as well. We will continue to report on the changes on the currency market, so be sure to follow us daily!

Daily News | Trade with the best

To really improve your chances on the binary options market this week, we suggest you take a look at IQ Option. In our IQ Option Review 2016, we take a detailed look at this broker and what it has to offer both seasoned and new traders. The company brought their new trading platform online last year, and this 4.0 version brings a bunch of new features to the table, as well as retaining what made it great before. You can even keep track of up to nine charts at the same time, without any troubles at all. For more information, be sure to check out our main article!


Recommended reading

Author's overall rating:
Author: Max Rothstein

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.