Binary traders have started the week on negative tone on U.S stock markets as binary brokers registered a lot of binary “put” options orders on the Dow Jones who lose on Monday trading session, as worries about Europe’s fiscal health came back in the market and pushing U.S. Treasury yields to new lows and boosting the dollar. The Dow Jones fell nearly 240 points earlier in the session, finished the day down 101.11 points, or 0.8%, at 12,721.46,
Later during the week binary traders have been mixed with choppy trading on U.S stocks with a closing mostly lower on Wednesday trading session as an earnings miss from Apple Inc bringing the technology sector under press ion. Later on the day the Commerce Department said new-home sales fell 8.4% in June, coming in well under expectations. But rising as much as 115 points during the session, the Dow industrials rose 58.73 points, or 0.5%, to 12,676.05.
The most active trading day came during Thursday’s session as binary traders have been mainly buying on binary “call” options on U.S. stocks who have rallied lifting the Dow Jones Industrial Average to its best day of the month and into positive territory for the week, after the European Central Bank signaled its intention is to preserve the euro and leader indicated that the institution is ready to resume purchases of Spanish and Italian government bonds in a bid to bring down borrowing costs and ensure the survival of the euro which extending gains into a second session, the Dow Jones Industrial Average rose 211.88 points, or 1.7%, to 12,887.93,
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The information in the above analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.
