Daily News | US trade deficit falling like a brick

Get ready for some serious trading, as there are plenty of things happening this Wednesday for you to utilize to your advantage! With our expert analysis of the binary options market, you are all set for the day! One of the two main players in currency trading is the euro, which, from Monday to Tuesday, rose from $1.0654 to $1.0666. In spite of this, the pan-European STOXX 600 index was even across the board, while the FTSE 100 was up by 0.4%. There is a lot of uncertainty going into the second quarter of the year, so be sure to trade wisely with this currency, as well as with the pound since both Britain and Greece are weighing heavily on the Old World. Over the pond, the US dollar was doing worse than the euro, with the USD falling from €0.9385 to €0.9374. The US trade deficit fell from two year highs in February, however, as a stronger global market boosted US exports as well. Economic experts have also forecast a decrease in the deficit to $59.7 billion, with exports of goods being the highest they have ever been, with the strong dollar falling. We will continue to watch the market intently in the future to see how the situation with this trade deficit develops, so stick with us!

Daily News | Test things out for free

With so many things happening on the market this Wednesday, some further guidance from an experienced broker, like ZoomTrader, might be in order. In our ZoomTrader Demo Account article, we discuss the benefits of trading virtual money in a safe environment, which is perfect for honing your skills. This is perfect for new and old traders alike, as you cannot expect to be an ace trader right out of the gate. This account is, however, available for people who mean business, as only after your initial deposit will you be able to trade, so you better mean it! Check out the full article for more!

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Author: Max Rothstein

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