Daily News | US mortgages lose popularity

Although the end of the week is closing in on us, fear not. We are here with our daily news to give you the best chance of getting the most out of the global binary options market. This Thursday, we start with the British pound sterling. The value of the GBP from Tuesday to Wednesday had a slight increase, from $1.3021 to $1.3022. This comes on the heels of a most unexpected drop in unemployment figures that happened this July, indicating that this sector of the UK’s economy is apparently unaffected by the Brexit referendum. Economists expected a rise in unemployment claimants, so this came as quite a surprise. We will continue to monitor the British economy as the weeks go by. Now, let us turn to the US dollar. The currency rose in the same time period, from €0.8866 to €0.8876. This happened in spite of the fact that weekly applications for mortgages fell to six-week lows, even though interest rates on fixed-rate home loans fell. “Conforming” 30-year home mortgages, or, in other words, loans with balances of $417,000 or less, dipped as well. With this news coming from the housing market, we will also try and stay on top of this story as it develops as well.

Daily News | Who to choose as your broker?

To have the best possible trading day, choose Banc de Binary to be your broker. In our Banc de Binary Login and Trading Platform article, we wrote about all the features of their trading platform and how easy it was to use. Opening an account is quite simple, with the minimum deposit set at $250, while the platform’s security features are second to none, with various security features, such as SSL, MaxMind or PCI being readily available. There are a bunch of available transaction methods as well, ranging from wire transfers and credit cards to Skrill e-wallets. Be sure to check out the main article for all the great features they have to offer!

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Author: Max Rothstein

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