Oil and the Hormuz game of chicken as Asian stocks tumble

Would you bite?

It's always rough seas when the US and Iran are ratcheting up the threats.

This of course means residual effects on the price of oil, and therefore on the price of all products and services affected by the price of oil.  In essence, the price of essence is a bellweather for all other prices.

The OptionsClick binary options news update released exclusive editorial coverage of the current situation in the Persian Gulf and the Strait of Hormuz, where Iranian and American ships are inching ever closer to outright clashes.

This news has a direct impact on the binary options assets trading being conducted on all of the trading platforms in the market today.

Be sure to read the article and make the most of the day.

American Buck gets stronger

See Buck Lift.

As the Euro crisis lingers on, the American dollar is getting stronger again, favored once more by investors and the binary options traders.

The binary options news update service blog of OptionsClick illustrated the point in their article about the topic, with this caricature of a US Dollar lifting heavy weights, under the spotlight, and receiving a passing grade from all three judges.