Tip:
Highlight text to annotate it
X
I'm Amy Anderson and you are watching OptionRally TV. Take your position with OptionRally Brokers.
Click the link to my right and get more information on binary options with OptionRally.
Here is what is happening today September 27th 2013 in the market,
The new iPhones flying off the shelves Dollar is down, but what lies ahead?
And lastly , Germany releasing it's CPI Your Profits are starting now
The new iPhone 5c and 5s models don't seem to be able to sit on shelves for long.
Apple has sold over 9 million of the new smartphones, and the clients just keep coming.
Will this be the salvation that Tim Cook is looking for to get Apple back on track, and
possibly get their stock back up over the 500 line? Time will tell.
While Apple had been as high as 486.20 yesterday, it has since gone up marginally to 486.22
continuing this morning. For Apple trading today, it is recommended considering a Call
option when the price hits 490.27 and to consider a Put option when the price hits 471.48
The dollar might have gone down against the euro, but several important issues might change
that over today. Germany is to produce preliminary data on consumer inflation, while France is
to release a report on consumer spending. ECB President Mario Draghi is to speak at
an event in Milan. Any or all of these could change the euro against the dollar.
Yesterday, official data showed that the U.S. economy expanded by 2.5% in the second quarter,
just shy of expectations for a 2.6% growth rate. With the question of the Fed bond buying
program still hanging in the balance, is this enough for Bernanke?
EUR to USD had reached a high of 1.3536 yesterday, but has since gone down to 1.3487 continuing
this morning. For Euro traders today, OptionRally analysts recommend considering a Call option
when the price hits 1.3523 and to consider a Put option when the price hits 1.3481
Today in the Market, Germany is releasing the Consumer Price Index This measures the
changes in the price of goods and services purchased by consumers.
A higher than expected reading should be taken as positive for the euro, while a lower than
expected reading should be taken as negative. The forecast is for it to be 0
Tune in today at 1:00 GMT and get ready to trade the euro!
I'm Amy Anderson follow me Monday through Friday right here on my Channel and at Optionrally.com.
Have a weekend