Daily News | US dollar still weak

We are in the second half of another trading week, with plenty of great opportunities out there waiting for traders such as yourself. New data is here for your convenience, so that you have even more time to react on the market! This Thursday, we decided to focus on the euro. From Tuesday to Wednesday, the currency fell from $1.0752 to $1.0744. This happened as European officials stressed that the United Kingdom and the EU would have to first get divorced and then talk about potential future trade deals, which has been the focus of Prime Minister Theresa May. It does seem that Britain has the most to lose in these negotiations, as it will still take two years for them to conclude. We will continue to monitor this situation in the future, but there are also news concerning the US dollar. In the same timeframe, the currency rose a bit, from €0.9300 to €0.9306. US dollar is still relatively weak, however, and oil prices are rising due to this weakening. Gains were capped by plentiful supplies and inventories, although OPEC and other producers tried to cut output and prop up the market. We will continue to monitor this situation in the future, so be sure to follow us daily!

Daily News | Get more for your money!

To truly have a great experience trading on the currency market, we advise you to take a look at the broker ZoomTrader. In our ZoomTrader Bonus article, we give you the nitty-gritty on how to access the company’s bonus. This broker wants you to learn all you can and give you incentives, to make your learning curve as easy and fun as possible. Not everything is available to every trading category, but it is extremely simple to change your account level. For more on what the company has to offer, we advise you read the full 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.