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Dollar drops to post-election lows as hopes on Trumps reform plans fade – Binary Options Daily Review

By Barry Jenkins, 2017-07-19

US building permits in May came in at an annual pace of 1.17 million, while housing starts dropped to 1.09 million. The numbers can often surprise in different directions, offsetting each other. When they go in the same direction they can have a significant impact. Building permits are forecast to rise to 1.20 million and housing starts to 1.15 million. Monitor the Dollar for Binary Options trading.

Mining stocks get a lift from upbeat Chinese data – Binary Options Daily Review

By Barry Jenkins, 2017-07-18

The weakness in Sterling on the back of Brexit is making consumer prices dearer. Britain at the moment stands out with its highest inflation among developed economies. With wage growth running below the rise in prices, resulting in a falling of living standards of living. The Bank of England has a lively debate running about whether to raise rates or not. In May headline CPI increased by 2.9% y/y, forecasts are for similar reading for June. Montor the Pound for Binary Options Trading.