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With the help of TeleTRADE’s deposit (min $2000) you have a possibility to use a leverage and to make operations on the currency market. With a deal for a purchase of one lot of USD/CHF at the price of 1.2960 with a fixed profit (sales) of 1.3020, the revenue was USD 600.
TECHNOLOGY:
April 12, 2006. The deficit was reduced – we buy dollars.
Event:
Reduction of the trade balance deficit as compared to analysts’ expectations. Expected value -68.0 issued data -65.74
Result:
Strengthening of the US Dollar exchange rate.
Prices:
Before the index was issued - USD/CHF- 1.2960
After the index was issued - USD/CHF- 1.3020
With the help of TeleTRADE’s deposit (min $2000) you have a possibility to use a leverage and to make operations on the currency market. With a deal for a purchase of one lot of USD/CHF at the price of 1.8650 with a fixed profit (sales) of 1.8750, the revenue was USD 1000.
TECHNOLOGY:
May 11, 2006. Retail sales knocked down American currency
Event:
Reduction of an index of retail sales index in USA in April.
Results:
Significant weakening of the USD against European currencies.
Prices:
Before the index was issued - GBP/USD – 1.8650
Several hours later - GBP/USD – 1.8750
Exchange rates — cost of currency expressed in units of another currency in the sales and purchase deals.
Lot — a minimal volume of an operation that equals 100000 units of the basic currency (currency – goods).
Margin trading — a possibility to manage the capital that exceeds several times the insurance deposit.
Credit leverage — a credit that is provided by the company to the client for conduct of margin trading operations. It shows how much the deposit amount is less than the contract cost. It is usually 100:1 to the amount of the insurance deposit.
Pip(s), Point — a minimal change of the price, the last digit in the writing of the currency exchange, for example, 0,0009 – nine pips
USD — US Dollar
EUR — Euro
GBP — Pound of Great Britain
CHF — Swiss Franc
JPY — Japanese Yen
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