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BitCoin/CNY 6263.480 23:00 17.01
NZD/JPY 81.341 23:00 17.01
AUD/USD 0.75578 23:00 17.01
AUD/JPY 85.251 23:00 17.01
EUR/JPY 120.804 23:00 17.01
USD/JPY 112.794 23:00 17.01
EUR/USD 1.07108 23:00 17.01
AUD/NZD 1.04809 23:00 17.01
NZD/USD 0.72115 23:00 17.01
CAD/JPY 86.467 23:00 17.01
GBP/JPY 139.897 23:00 17.01
BitCoin/CNY 6264.060 22:30 17.01
NZD/JPY 81.294 22:30 17.01
AUD/USD 0.75594 22:30 17.01
AUD/JPY 85.194 22:30 17.01
EUR/JPY 120.721 22:30 17.01
EUR/USD 1.07112 22:30 17.01
USD/JPY 112.707 22:30 17.01
BitCoin/CNY 6191.350 22:00 17.01
AUD/NZD 1.04843 22:00 17.01
NZD/USD 0.72165 22:00 17.01
CAD/JPY 86.347 22:00 17.01
NZD/JPY 81.262 22:00 17.01
AUD/USD 0.75675 22:00 17.01
AUD/JPY 85.208 22:00 17.01
GBP/JPY 139.822 22:00 17.01
EUR/JPY 120.657 22:00 17.01
USD/JPY 112.621 22:00 17.01
EUR/USD 1.07137 22:00 17.01
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By: Adam Stone
May 25th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Pound strengthens as Opinion poll data is released.

Oil prices pushed lower this Tuesday, the fifth straight day of losses on signs that supply disruptions in Canada and Africa are coming to a close. US Crude was down 15 cents / 0.31 percent to $47.93 a barrel while Brent dropped 26 cents / 0.56 percent at $48.08.

Oil futures have been well supported in recent weeks due to a combination of supply outages in Africa and reduced production in Canada caused by fires in Alberta’s oil sands region. With these disruptions subsiding, traders are placing their focus back on the growth of global oil supply.

European stock markets turned positive in late trading on Tuesday May 24th after a slow start to the trade session as financial shares advanced. Earlier, shares in Asia closed mostly lower, led by declines in Japan and China as oil prices fell and investors continued to struggle with uncertainty over the timing of the next US rate hike.

Gold sank to a session low of $1242.00 a troy ounce on Tuesday, a level not seen since April 28 , as comments from Federal Reserve officials added to expectations that a rate hike will happen as soon as June.

The Pound strengthened against the Dollar and the Euro on Tuesday after a new opinion poll showed the ‘Remain’ campaign with a large lead with one month to go until the referendum on Britain’s European Union membership. GBP/USD was up 0.79 percent at 1.4599, rebounding from Monday’s lows of 1.4441. Support for remaining in the EU stood at 55 percent while the Brexit (campaign to leave the EU) was at 42 percent.

Sterling was sharply higher against the Euro, with EUR/GBP dropping 1.02 percent to 0.7668.
US equities were higher at the close on Tuesday, as gains in the Technology , Healthcare and Financials sectors propelled shares higher.

EUR/USD was down 0.70 percent to 1.1142 while USD/JPY rose 0.67 percent to 109.97. The US Dollar index was up 0.39 percent at 95.60.

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for May 25th 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for May 25th 2016

EUR/GBP: A binary Put option coincides with the trend, seen below.
EURGBP Binary Options Insights for May 25th 2016

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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