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    Successful trade of the week posted by AForex's client

    Last week we observed the strong drop in the euro after the ECB's decision to lower all the key rates by 0.1%. In addition, the single currency is not going to develop a correction after the steep fall of the British Pound at the market open, and at the moment the euro is once again trading at the lows near 1.2950/30. As a result, the most profitable trade of the week, made by our client, was the long trade with the cross-rate CAD/CHF (buying on September 3 at 21:15 UTC at the price of 0.84323 / selling on September 4 at 16:43 UTC at the price of 0.85715). This resulted in the profit of 1.7%.


    In the sector of contracts for difference (CFD) the most profitable trade involved GER30. The trade resulted in the profit of 187 pips (buying on September 2 at 17:57 UTC at the price of 9484 / selling on September 3 at 8:34 UTC at the price of 9671). In percentage terms, the profit equals to 2%. Rolling over the trade to the next day did not cost anything to our client, because Aforex does not charge for financing CFD positions on indexes and commodities!



     

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