Alfa-Forex - News

    Alfa-Forex

    420.50 7.00/10
    66% of positive reviews
    Real

    Earn over 200% on US unemployment data!

    October 7, 2016 at 12:30 GMT the US and Canada will report unemployment rate. Traditionally this news causes USD currency pairs strong movements. Considering that analysts expect positive data in the USA, while the Canadian unemployment forecast is negative, the fundamentals are a great opportunity to get profit from both currencies at the same time!

    Time

    Currency

    Event

    Forecast

    Previous

    12:30

    USD

    New jobs excluding agriculture (June)

    172К

    151К

    12:30

    USD

    US unemployment rate (June)

    4.90%

    4.90%

    12:30

    CAD

    Unemployment change

    10К

    26.2К

    If the data meet or surpass expectations USD may gain a good bullish momentum while CAD will probably drop. Since the future FRS rate decision will be strongly related to unemployment data, market volatility will increase and USD currency pairs will be subjected to strong movements.

    At the moment the USDCAD currency pair is traded near 1.319. The potential movement in case of good data is 170 points (1 700 pips with 0.00001-accuracy quoting).

    Calculations:

     

    •  
    •  

     

    •  
    •  


    Thus, if you open a 5-lot position you may get $6 444.5, having invested $2 500, which makes 257.8% a day!

    You are supposed to create a trading account (if you have none) in the Personal area, download a trading platformand open a position. For more details contact your personal manager by phone. Please dial 7 495 7859669 (ext. 1).

    *For deposits below $50 000. Margin requirements

     
     

    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree