Trading Strategy

Today there is a very big announcement that will greatly affect the USD. This announcement is released monthly, usually on the first Friday after the month ends.

It checks the Change in the number of employed people during the previous month, excluding the farming industry.

Traders take this announcement very seriously because Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Make sure to follow this announcement today at 8:30am Eastern Time.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

Most of the world’s stocks fell today while investors are waiting the US jobs report. The jobs report might reveal whether the Federal Reserve’s decision was justified or not.

"Friday's jobs report will be of great interest to assess the psychology of the market," said Chris Weston, chief market strategist at IG in Melbourne, Australia. The Federal Reserve's "safety net isn't there anymore and fundamentals should matter more now," he said. "A poor number will really paint a clearer picture about whether the market is ready to revert to a more traditional stance and potentially sell-off on bad news and rally on good news."

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

The dollar rose to a seven-year high against the Japanese yen on Wednesday after a victory by Republicans in the United States' mid-term elections raised hopes for an easing of political gridlock in Washington, boosting sentiment for riskier assets.

The euro's struggles continued, though, a day ahead of a European Central Bank meeting, and it hit a two-year low against the Swiss franc.

The yen was also weighed down by comments from Bank of Japan Governor Haruhiko Kuroda, who said the central bank is ready to do more to hit its 2 percent price goal and boost the economy. Kuroda stressed the BOJ is determined to do whatever it takes to hit the inflation target in two years and vanquish nearly two decades of grinding deflation.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

Signals Binary forum is now fully active. If you have any questions at all please post it as a new thread in the forum and we’ll answer as soon as we can.

It’s also a great place to discuss trades, brokers, news, and anything else that you want to talk about.

You can access the forum by registering and then clicking on ‘forum’ in the top menu, or using this link: http://www.signalsbinary.com/index.php?option=com_discussions&view=category&catid=2:All%20about%20Binary%20options

See you there!

The yen slipped to a new 7 year low against the dollar on Monday, extending a huge sell off triggered by the Bank of Japan's surprise decision last week to boost its already massive bond buying stimulus.

Sellers also targeted the euro, which slipped to a new 2 year low against the dollar ahead of a European Central Bank meeting later this week which some think could see further easing measures announced to shore up the Eurozone’s flailing economy.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trades

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter:

The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of US labor market slack as "significant" in a show of confidence in the economy's prospects.

In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals.

"On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing," the Fed's policy panel said in an important departure from prior statements, which had described the slack as "significant."

"The committee continues to see sufficient underlying strength in the broader economy," it said.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

German Prelim (EUR)

5 Tips for Today's Trading - 29/10

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook/Twitter: