The Binary options market reacts to us job report and US Congress changes!
The USD is on a 60 month high, compared to the EUR and this is partly due to the job report that was released in the US recently.
Even though voter complained about the situation getting worse and worse, it acually got better, according to the recent job reports. In october ~220.000 jobs were added, and the number of people finding jobs, dropped from 7.2 to 5.8 in a year.
According to a survey, by the US Labor Department, 685,000 people found a job in October. You can see for yourself the changes of the USD in the period November 1 – 7, 2014:
US dollar also hit a 7 year high against other currencies like the Japanese yen, after the changes in the US Congress, where the Republicans took over both chambers. This is actually the first time this happened, since 2006.
If you are interested in trading, the USD/EUR is a very popular choice at the moment. Pick a good binary options broker like 24Option and get a first deposit bonus with a minimum deposit of $250.