2016 Binary Forex Trading: Are the Bulls Back in Town?

So far, the beginning of 2016 has proven to be one of the worst starts to a financial year in recent memory. However, last week showed at least a glimmer of hope. Sharply rebounding oil prices (at one time on the order of 20 per cent) saw equally steep market gains. Many binary trading investors breathed a slight sigh of relief after such a volatile opening.

It should still be noted that analysts are rightfully wary in regards to whether or not this short-term rally will translate into a long-term trend in the coming months.
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Tuesday, January 26th, 2016 USA, news No Comments

Why the euro buoyance against the dollar?

Euro buoyancy against dollarThis week has proved quite newsworthy for many forex traders. The last few days have been specifically highlighted by the continued buoyancy of the euro against the dollar.

There are several reasons that this has taken place. Or primary importance is the fact that investor sentiment has begun to look favourably upon the Eurozone.

Many astute traders have expressed their growing confidence that this multinational economy has been through the worst.
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Wednesday, January 30th, 2013 USA, binary trading, europe, news No Comments

Why did the US dollar strengthen vs other currencies?

USD / EUR pairThis past week has been highlighted by a strengthening US dollar in comparison to its main counterparts. This movement could also be seen in the rather impressive stock market rally seen on the US markets Thursday. This, in turn, gave the dollar the apparent lead role as a safe haven currency as opposed to a weak Euro.

There are two main factors which have contributed to this rise on the Forex trading markets; binary options traders taking particular advantage of the rise in the greenback.
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Sunday, December 9th, 2012 USA, europe, news No Comments

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