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Binary Options Trader Insight March 24th 2016

Binary Options Trader Insight March 24th 2016

March 24th 2016 – with Ben Newman

Another flat day for movement due to ongoing uncertainty surrounding the Euro and Pound. Opportunities did arise for a gaining US Dollar and a huge spike in the Swiss Franc after London markets opened. Identifying the right time to place trades and capitalise was a more difficult issue.

A positive day for events starting with UK and Euro events from 7am GMT. Here is today’s event outlook:

The Euro central bank economic bulletin is at 9gmt followed by retail sales and mortgage approvals for the UK at 9:30 GMT. The main event this morning is the targeted amount of funds allocated to Eurozone banks for loans. This provides and solid outlook of projected economic growth for the entire EU.

US market’s host Durable goods orders and unemployment claims. With the dollar sitting strong through yesterday, this could be a prime opportunity for traders to capitalise.

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