US Binary Option SitesUK Binary Option Sites

News

Euro remains bullish on strong current account surplus

In our October 6 report, we had forecast a decline in the EUR/JPY pair and expressed our interest to go short near 132.60 levels. We had also mentioned our desire to invest in a put option to gain from the

Read More

Pound turns bullish on anticipation of rate hike by BoE

The deadlock in Brexit talks and a steep decline in the index of Industrial Order Expectations turned the Pound weak against the Greenback in mid-September. The proposed tax reform plan in the US also aided the decline of the GBP/USD

Read More

FCA To Probe UK Banks Links To South African Money Laundering

Chancellor Philip Hammond said that he had written to the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom (UK) and asked them to look into the allegations made by Lord Peter Hain, who is a former cabinet

Read More

BofA beats Q3 2017 estimates on 9% rise in net interest income

After recording a 12-month low of $22.74, the stock of Bank of America (NYSE: BAC) has recovered to $25 levels. Notably, legendary investor Warren Buffett’s Hathaway Inc. became the largest shareholder in August. Buffett had also praised Brian Moynihan, CEO

Read More

Greenback up on strong bounce back in Sep retail sales

The Greenback gained momentum against the Yen and other G10 currencies in the first-week of September, as expectations of a Fed rate hike in December increased. The market also pushed the US dollar upwards in anticipation of a tax reform

Read More

UK Banks Cut Consumer Lending After BoE Issues Warning

The Bank of England (BoE) has cautioned banks in the UK to cut back on their consumer lending as rising credit could pose significant risks to the financial sector and also the wider economy. The BoE wants banks to make

Read More

Euro up on strong German trade surplus

In the first week of September, the Euro dollar fell sharply against the Canadian dollar mainly due to a dovish statement made by the ECB president Mario Draghi and the unexpected rate hike by the Bank of Canada. However, NAFTA

Read More

GE undergoes massive shakeup in top management

Industrial conglomerate General Electric Company (NYSE: GE), which faces heavy headwinds in several business segments, reported a 48% y-o-y decline in non-GAA earnings to $2.418 billion, or $0.28 per share, on revenues of $29.558 billion in Q2 2017. The company

Read More

Poor retail sales, Catalan referendum turns Euro weak

A strong Q2 employment growth in the Eurozone enabled the Euro dollar to rise against the Yen in early September. On the other hand, a downward revision of second-quarter GDP growth to 2.5%, from the first estimate of 4%, weakened

Read More

Indian PM Under Pressure After Demonetization & GST Failures

Prime Minister Narendra Modi sent 1.2 billion people into shock on November 8, 2016 when his BJP Government announced a demonetization drive that was launched to eliminate black money and clean up corruption in the country. The finance ministry blacklisted

Read More