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AUD/NZD 1.04022 22:00 08.12
NZD/USD 0.71742 22:00 08.12
EUR/AUD 1.42191 22:00 08.12
CAD/JPY 86.453 22:00 08.12
NZD/JPY 81.794 22:00 08.12
AUD/USD 0.74632 22:00 08.12
AUD/JPY 85.108 22:00 08.12
GBP/JPY 142.981 22:00 08.12
EUR/JPY 120.983 22:00 08.12
USD/JPY 114.031 22:00 08.12
EUR/USD 1.06086 22:00 08.12
NZD/JPY 81.771 21:30 08.12
AUD/USD 0.74627 21:30 08.12
AUD/JPY 85.084 21:30 08.12
EUR/JPY 121.015 21:30 08.12
EUR/USD 1.06141 21:30 08.12
USD/JPY 114.011 21:30 08.12
WELLS FARGO 57.285 21:00 08.12
USD/CHF 1.01627 21:00 08.12
TOYOTA (US) 122.740 21:00 08.12
SONY 29.155 21:00 08.12
SILVER 17.011 21:00 08.12
GOLD 1170.838 21:00 08.12
COLGATE-PALMOLIVE 65.695 21:00 08.12
FIAT CHRYSLER 8.46 21:00 08.12
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By: Adam Stone
November 18th, 2016 07:45am GMT, London UK

Friday and the week ahead.

Janet Yellen warns against waiting too long to tighten monetary policy.

Thursday saw the Dollar trading near a new 14 year high against the other major currencies, as positive US data continued to feed optimism regarding the strength of the US economy. The US Department of Labor said the initial jobless claims in the week ending November 12 dropped by 19,000 to 235,000, the lowest since 1973. A rise of 3,000 had been forecast. In a separate report, the Commerce Department said housing starts rose by 25 percent in October to reach 1.323 million units, while building permits rose 0.3 percent to 1.229 million units. Additional data revealed that US consumer prices rose by 0.4 percent in October, as had been expected. Year over year, consumer prices increased by 1.6 percent in October, the highest in two years. This positive data added to optimism regarding US economic strength and boosted expectations for a rate hike in December by the Federal Reserve. Earlier in the Day, Janet Yellen, Chair of the Federal Reserve warned of the danger of waiting too long to tighten monetary policy.

Following the release of her speech, EUR/USD was unchanged, trading at 1.0722. GBP/USD was at 1.2456, down from 1.2465, while USD/JPY was at 109.28, up 0.08.

Elsewhere in the commodities market, Gold futures traded at $1,226.85 a troy ounce, up from $1,228015 before the data was released.

Thursday November 17th also saw Oil prices rise, with US crude rising as much as $1 a barrel, oversupply concerns being outweighed by positive expectations for a production limiting deal to be reached by OPEC, a rallying Dollar limited gains however. Brent crude oil was up 23 cents a barrel at $46.86, after falling back from a high of $47.62.

EUR/USD: A binary Put option coincides with the trend, seen below.
eurusd Binary Options Insights for November 18th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
gbpusd Binary Options Insights for November 18th 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
usdjpy Binary Options Insights for November 18th 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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