Daily News | Trump’s tax plan boosts global stocks

Another week of global trading is nearing its end, so be sure to pay close attention to every bit of information that we will show you today. You never know, it might come in very handy on the currency market! First, we look at the euro. From Tuesday to Wednesday, the currency fell from $1.1772 to $1.1748. European stocks were led to 10-week highs by banks yesterday, fueled by a tax overhaul backed by Trump’s tax plan. The pan-European STOXX 600 went up by 0.4%, primarily thanks to a weakening euro, and hit its highest level since July 20th. Global stocks as a whole made significant changes that could get them out of the lull they had been in for most of the summer. Next up, we will be looking at the US dollar. In the same timeframe, the USD rose from €0.8494 to €0.8511. It comes as little surprise that US stocks also grew yesterday, because of the gains in financial shares. These gains came about as expectations of President Trump’s tax plan and a rate peak in December grew. The Dow Jones Industrial Average rose 64.12 points, or 0.29%. We will keep you in the know tomorrow as well, so stick with us!

Daily News | How to make the right move?

To make the most of the last few days you have left on the currency market, be sure to check out IQ Option. In our IQ Option Tips and Tricks article, we give you some sound info on everything that you might overlook while trading with this broker in your corner. They recently launched their IQ Option Trading Platform 4.0, which is one of the most technologically advanced platforms in the industry. You can fully customize your UI to have up to nine assets on the screen at one time! For more information, be sure to check out our full article!


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