The last trading week was marked by strong growth of precious metals due to the weakening of U.S. dollar after the Fed's publication of the protocol from which it never became clear, when the central bank plans to raise interest rates. As a result, the most successful deal of the week, made by our client, took place for gold against the U.S. dollar (Buy- July 7 at 04:56 UTC by price 1316.79 per troy ounce / Sell -July 10 at 9:28 UTC by price 1338.53 per troy ounce). Profit percentage was 1.65%.
In the sector of contracts for difference (CFD) the most successful deal took place on the oil brand Brent. Oil prices have been declining for the third consecutive week amid falling concerns about disruption of oil supplies from the Middle East. Profit from the transaction amounted to 187 pips (Sell- July 7 8:16 UTC by price $ 110.42 / Buy-July 9 13:50 UTC by price $ 108.55). Profit percentage was 1.69%. Rollover to the next day did not cost our clients anything because AForex doesn’t take charge on CFD positions in indices and commodities!
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