Daily News | U.S. dollar going strong

According to the newest market indicators, it looks like the U.S. dollar is rising again. The data collected and published by the Commerce Department shows that U.S. housing starts have been growing, which will also give a massive boost to the U.S. currency. Housing is probably the most important part of the U.S. economy and it affects many other industries (banking, construction, real estate, the mortgage sector etc.). This month it rose 4.8%: reports tell us that there are 1.015 million homes under construction in June, which is the highest level since February 2008. Investors are waiting if the U.S. central bank will rise rates by its December meeting (the chances are now almost 50/50). Currency strategists think that the dollar will rise along with U.S. rate expectations.

As for the Asian market, it seems that no “helicopter money” will simply enter the Japanese market. Still, some other moves could be made in order to handle the deflation, such as aggressive fiscal and monetary expansion. It remains to be seen which path Japan’s monetary policy will take. Meanwhile, the dollar became even stronger against the yen after a 0.1 percent rise and it now trades for 106.20 yen.

Daily News | Meet an amazing broker

You definitely won’t make a mistake if you open an account with Boss Capital because this is one of the most prominent binary options brokers in the world. Established in 2014, they quickly became one of the strongest players on the market. Numerous trading possibilities made them very famous: there are various types of account you can choose between, and their educational materials and intuitive trading platform will help you to adapt to a new surrounding in no time. If you still don’t believe us, you can always check out our detailed Boss Capital Scam Test 2016, where you can find all the relevant information. Have no fear, open an account with Boss Capital and start trading today!

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.