The first month of summer came to an end and we are glad to share with you trading results of our clients. Learn about the facts, which influenced the market in June and how much traders of "FreshForex" managed to gain from it!
Beginning of the summer marked weakening of the US dollar. Due to unwillingness of the US Federal Reserve System to tighten monetary policy on completion of QE-3 stimulative program, EUR/USD pair partly recovered its positions and increased its rate by 0.4% after sales.
Mark Carney's statement about a possibility to rise interest rate contributed to growth of GBP/USD. Hereupon, the British currency added 2% during June.
In the fight of "bulls" and "bears" around USD/JPY pair the last have won, hereupon, stock quotes were decreased by 0.5% at the end of the month.
As strike actions at platinum mines of the South Africa took place and the cost of production grew, industrial metals (platinum and palladium) were in demand. Platinum (XPT/USD) increased by 2.3% and palladium (XPD/USD) increased by 0.9% as per the month's results.
Positive macroeconomic statistic of USA along with FOMC's willingness to keep rates of the federal funds' low boosted American stock market. The world's eldest stock index (#DJI30) increased by 0.63% as per the month's results.
Militant activity of Al-Qaeda in Iraq became a reason of bullish rally on market of oil futures. It provoked increase in Brent oil for 2.88%.
Results of trading of "FreshForex" clients in June:
1 996% of deposit - is the earnings of the most profitable trader in June. He applied long-term strategies and had been trading with DAX30 index and XAGUSD silver without EAs' support.
1 327 trades per month - result of the most active trader. Most of his trades were made on his own, but sometimes support of EAs was used.
46% of traders with deposits above $10 000 and more finished June with a plus. For traders with deposit above $1 000 this rate is 38%.
$43 588 - the result of the most successful trader.
June was also successful for Masters of the "Flagman Invest" PAMM-platform. Marketinvestor Master has achieved the best result - if on June 1 you had invested $1 000 on his account, you could have gain $645 of profit at the end of the month!
Wish you success in trading!