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BINARY OPTIONS NY OPEN ANALYSIS

BitCoin/CNY 6349.755 09:00 24.01
FTSE F-MAR17 7091.500 09:00 24.01
USD/RUB 59.148 09:00 24.01
USD/NOK 8.35090 09:00 24.01
USD/CHF 0.99882 09:00 24.01
OIL-MAR17 (BRENT) 55.585 09:00 24.01
SBERBANK 168.830 09:00 24.01
GAZPROM 149.230 09:00 24.01
NZD/CHF 0.72218 09:00 24.01
CAD/CHF 0.75336 09:00 24.01
NZD/USD 0.72303 09:00 24.01
CAD/JPY 85.407 09:00 24.01
AUD/USD 0.75683 09:00 24.01
AUD/JPY 85.697 09:00 24.01
GBP/USD 1.24934 09:00 24.01
EUR/USD 1.07478 09:00 24.01
TADAWUL 7081.200 09:00 24.01
VTB BANK 0.068665 09:00 24.01
ROSNEFT' 388.950 09:00 24.01
OIL-FEB17(WTI CRUDE) 52.550 09:00 24.01
SILVER 17.145 09:00 24.01
GOLD/EUR 1129.375 09:00 24.01
USD/JPY 113.236 09:00 24.01
EUR/JPY 121.703 09:00 24.01
GOLD VS OIL 21.8394 09:00 24.01
USD/CAD 1.32582 09:00 24.01
S.BANK INDIA 255.775 09:00 24.01
AXIS BANK 448.900 09:00 24.01
TATA STEEL 464.325 09:00 24.01
TATA MOTORS 541.725 09:00 24.01
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By: Daniel Gant
March 25th 2014 5:17pm GMT, London UK
 
EUR/USD
The pairing to a certain extent has declined to the detriment of the euro. Financial data released in Germany namely the IFO Business Climate Index came out to a lesser extent slightly negative this month. Also pressure was also added to the euro due to specific comments coming from the German Bundesbank President Jens Weidman, who said negative interest rates would be a more appropriate way to counter a high exchange rate but added it would not be ‘out of the question’ for the European Central Bank to buy bank assets to fight inflation. Traders and investors will be waiting with enthusiasm a scheduled speech from the European Central Bank President Mario Draghi due later this afternoon at4.00pm GMT for some clarification towards the direction of the euro.
The outlook leans towards a slight downwards trend.

GBP/USD
The pairing as of this morning’s session has seen a gradual slight upward direction. To a lesser extent the data that was released earlier this morning by the office of National Statistics in the United Kingdom relating to the Consumer Price Index (CPI) came out at 1.7% year on year in contrast to last month’s CPI of 1.9% indicating a slowing down of inflation. The CPI once again prevailed below the Bank of England target of two percent. Data released from the U.S in particular regarding the Consumer Board Consumer Confidence index which showed positive figures failed to have an impact in favor of the dollar. Also the fact that data released from the U.S Census Bureau reporting monthly data for New Home Sales came out negative. This in turn has given the pairing a slight push upwards in favor of the pound.
The outlook leans towards a slight upwards trend.

Gold
Gold to a larger extent has continued to go in a sideways movement as has been the case since the opening of this morning’s European session. Gold has continued to show very little direction or even to a larger extent slight downward direction largely due to the fact that Federal Reserve officials in the U.S reiterating the future raising of U.S interest rates due in the first quarter of 2015. It is also important to note that geopolitical tensions yet to be resolved fully, between Russia and the Ukraine has somewhat been muted. Mixed results coming from U.S data earlier today did little to give clear and precise indications as to the strength of the U.S economy.

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Daniel Gant

Broker at GOptions
My strategies have been maintained and reworked for the last four years. Win loss accuracy and a stable method of volume production has insured my clients inside my personal portfolio success, not to mention the education, guides and management sessions that I teach daily.

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