The greenback is mostly lower this morning, as traders have decided to put their money into alternative assets. Traders just feel that it is not worth it to go long on the dollar this morning following the rally which we saw on Wall Street during yesterday’s trading session. The AUD/USD forex binary option has gained this morning by 0.1 percent. This is not a surprise as Australia’s economy is so strong these days. The dollar has been hit hard as there is simply a lot of confidence in the forex market. Traders should look into selling the greenback in order to make high returns this afternoon.
The European single currency was lower about an hour ago, but it has since gained ground versus its peers. The euro is gaining ground now versus currencies such as the euro, even though investor confidence declined. The demand for higher-yielding assets is still high. However, investors are of the view that the euro has gone low enough recently, spurring the demand for the EUR. It is likely that the euro will build on its gains in the hours ahead, so look to open Call options.
The GBP has been going from strength to strength since the beginning of this morning’s trading session. The cable has managed to make some important inroads into a number of its main currency counterparts. The thing is that the British economic data has come out very strong in recent months. The British government has in turn raised the rate of growth forecasts. This shows just how much the economy is booming. In turn, the pound has jumped. Look to open daily Call options in the GBP/USD pair this afternoon.
It was good to see that U.S. equities were able to cap another rally during yesterday’s trading session. Investors were simply in the mood to take some very big risks at the moment. This has allowed equities to hit record highs.
The Dow Jones Industrial Average made gains of 0.11 percent to 16,943.10. The S&P 500 surged 0.09 percent to the 1,951.27 level.
Bank of America Corp. climbed 1.6 percent to $15.84. Apple Inc. jumped 1.6 percent to $93.70.
Traders are of the view that it is time for them to go long these days, so get in on the action once the U.S. session gets going.
The crude oil binary option has been going higher since the beginning of today’s trading session. Traders feel that it is the right time for them to take risks when it comes to the black gold this morning. This is why you will want to open Calls if you are serious about making high returns.
Gold is one of the most bullish commodities these days. It is about level its morning after being higher for much of yesterday’s trading session. The old binary option has actually failed to go higher this morning. This is even though gold futures are not in great demand. Expect gold futures to slump as today’s trading session gets going.
The good news is that the Dow Jones has been one of the favorite indexes of traders as of late. Investors really have felt that it is worth it for them to take big risks when it ems to the American index. This is due to the high returns which it has been offering them lately. It is like that the Dow will build on its gains this afternoon, so go long in the American session.