Daily News | Varying currencies on Wednesday!

We are already in the middle of the binary options trading week and we have to tell you, the market is not letting up! There are plenty of exciting opportunities, plenty of varying currencies on the market, so stick with us if you want some high-quality advice! We start off with the Chinese yuan. Based on current indexes, both Exports and Imports are expected to rise in China and, although the Trade Balance will have a slight slump, it is expected that the yuan will have a bullish day, favoring buyers. In Europe, several national economies will have a big impact on the euro. The French Consumer Price Index is expected to rise, same as the HICP index of Spain. However, Industrial Production of the Eurozone as a whole seems to be dropping significantly, which could potentially have a greater impact. In the end, we expect a bearish Wednesday for the euro, favoring sellers. But we have more varying currencies to show you. In the States, the U.S. dollar is projected to rise in value, as Retail Sales and Retail control indexes are expected to rise. Lastly, we turn to the British pound sterling. The GBP will most likely see a drop in value today, as the British RICS Housing Price Balance index is expected to experience a drop.

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Author: Max Rothstein

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