Daily News | US jobless benefits falling

Another week of binary options trading is drawing to a close and we have just a few short hours of trading left until the weekend. Join us, as we examine the most important stories of the day today from across the globe! This Friday, we focused on the euro. From Wednesday to Thursday, the currency fell from $1.1132 to $1.1088. Overall, shares continued their relatively negative trend from this week, but they did not reach worrisome levels, as political turmoil in the States abated, while stocks connected to Brazil faltered due to a scandal surrounding the country’s president. The STOXX 600 index ended down 0.5% at 389.19, after a drop of nearly 1.2%. We will continue to follow what is happening on the Old Continent, but let us turn to the US dollar. In the same period, the currency rose from €0.8982 to €0.9016. US jobless benefits unexpectedly fell last week, with the number of Americans on unemployment benefits dropping to nearly 29 year lows, which is indicating that brightening prospects for the US economy are rising. In fact, there was a sharp increase in factory output this week, a sign of a healing economy. We will continue to look into this in the future, so stick with us!

Daily News | Test before you invest

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Author: Max Rothstein

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