Binary Options Signals Analysis

The Abe Central bank (which is also known as the Bank of Japan) has succeeded in pushing the Yen to the lowest levels seen in quite a long time. His tenacious attitude toward reducing deflation has pushed the Yen to new lows, and allowed the EUR/JPY currency pair to test the 131 resistance level. Many believe this is currency war, but the BOJ will likely be undeterred and continue to purchase assets at a quick pace. Continue reading →

Binary Options Signals Analysis

The AUD/USD is on the ropes after the Reserve Bank of Australian in somewhat of a surprise move cut the overnight lending rate by 25 basis points on Tuesday. This led to a selloff in the Australian currency, which could continue to see erosion given the central banks view of the economy. Continue reading →

Binary Options Signals Analysis

A stronger than expected UK GDP data point has buoyed the pound, as the union avoided recession by not having two consecutive quarters with negative growth. The .3% increase was better than the flat reading expected by economists. Continue reading →

Binary Options Signals Analysis

The recent hawkish comments from the Reserve Board of Australia combined with Wednesday’s weaker than expected US ADP private payroll report is lifting the Continue reading →