04 April 2014
We suggest you to familiarize yourself with the most important economic events and March results of "FreshForex" traders.
The first month of spring was full of important events. Political conflict between Ukraine and Russia led to the exit of investors from risky assets, whereupon quotations of stock markets dropped as well as the rate of major currency pairs. In the second half of the month U.S. regulators gave the market a little surprise - in addition to reductions of purchases of bond by 10 billion dollars per month, it was announced that a more rapid cut of unemployment is expected. On this background, EUR/USD pair was in a big sale, in one moment quotations dropped down to 1.3704. The trading month ended with a symbolic increase in EUR/USD rate by 0.1%, at the point around 1.3768.
Over the first half of the month GBP/USD had been remaining under pressure because of institutional investors sold Pound as geopolitical tensions were increasing. Another negative factor for British currency was a cut of inflationary pressure in the UK in February to 1.7% in annual terms. As a result, the trading month for the GBP/USD finished with 0.3% reduction, around 1.6662.
Following to a calm February, in March there was a confident victory of "bulls" over the "bears" in the USD/JPY pair. Long-term investors were buying U.S. dollar at rather low and attractive levels expecting continuation of upward trend for the USD/JPY. In case of a serious GDP decline, Japanese regulator can increase stimulative measures, which is also negative for Yen. In March, USD/JPY gained 1.7% and closed trading period at the point around 103.22.
Efficiency of trading activity of “FreshForex” clients in March:
702% of the deposit for the month - the most successful client earned it using USD/JPY cross-rate
3250 is the number of trades made by the most active trader for the month. Trading with stocks of "Hewlett-Packard", "Altria Group Inc" and "Merck & Co Inc", he got 48.5% of deposit growth.
52% of traders ended Marc at a profit is the proportion of clients with deposits from $ 1,000 and above. Result of traders with a deposit from $ 10,000 was higher - 56%.
$ 190,040 - the most profitable trader has received such profit in March.
We remind that you can find the most important figures regarding company's operation in "Facts and figures" section of our web-site.
Wish you success in trading!
“FreshForex” – fresh view on money
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