Daily News | TTIP talks break down

Another week, another chance to make some money on the binary options market. Global economy provides all traders with loads of chances for profit and we are here to help you discover all opportunities. Let’s see first what the euro has to offer. It has dropped from Thursday to Friday, from $1.1273 to $1.1236, which will certainly not be rectified if the news from Germany’s economic minister is to be believed. It seems that the talks on the Transatlantic Trade and Investment Partnership, or TTIP, a deal that has negotiated for some time now between the US and the EU, has, by all accounts, failed. Apparently, according to the minister, Europeans did not want to subject themselves to American demands, finishing by saying that there was no movement on that particular front. TTIP failure did not stop the USD from rising in the same period, however, from €0.887 to €0.8899. This news comes to us as Fed policymakers are finally signaling that they could raise US interest rates, with new tools to combat a new recession also being heavily considered. Further rate hikes are expected to be quite rare, as the US central bank is trying to balance growth and worries of “overheating” the economy. We will stay with this news as it develops.

Daily News | Where do you want to trade?

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Author: Max Rothstein

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