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Gold falls to five-year low, Euro confidence building? – Binary Options Daily Review

Published by , 2015/07/27 Leave your thoughts

The German business climate index fell to 107.4 points in June, down from 108.5 points in the prior month, the bigger than expected drop suggests that German businesses were worried about the debt crisis in Greece. With the Greek situation easing there are hopes that business confidence will slowly return. This gives good reason to monitor the Euro for Binary Options trading. ... Read more

Disappointing earnings continue to weigh on US stocks – Binary Options Daily Review

Published by , 2015/07/23 Leave your thoughts

The number new applications for unemployment benefits in the US declined more than expected last week, reaching 281,000 versus forecasts for an addition of 274,000 claims. The 15,000 decline indicates the US labour market is strong enough to support an interest rate hike at some point this year despite a lingering weakness in the manufacturing sector. Monitor the Dollar on the back of this as well as keeping an eye on the Euro during the ongoing situation in Greece. ... Read more

Google rises 16% to send Nasdaq to a second straight record closing high – Binary Options Daily Review

Published by , 2015/07/20 Leave your thoughts

The Euro is worth focusing on today for Binary Option trader’s as producer prices are released. Similar to the trade balance number, the Eurozone enjoys a large current account surplus due to German exports. A slightly wider number is forecast for May. This, combined with the continuing situation over Greece gives good reason to continue to concentrate on the Euro currency. ... Read more