05 June 2014
The past month opened an abundance of money earning options to clients of “FreshForex”. Today we are glad to share with you results of trading with new contracts and major pairs!
Such results were achieved by many clients due to fundamental analysis of economic events. What impacted on market in the last month?
Metal market demonstrated different tendencies. Investors sold golden metal as global tension was growing and as the result, gold rate lost 3.25% and closed month at 1249.40. In contrast to the gold, metals of platinum group added: growth of XPT/USD was 1.75%, XPD/USD added 3.3%.
Results of the European Central Bank held meeting on May 8, inspired bears to make a rally on EUR/USD. As a result, the pair closed month with 1.68% decline, at the point of 1.3633.
Revised GDP value of Great Britain put the pair GBP/USD under pressure and investors started to sell pound of sterling actively. Trading month for this pair ended by 0.7% decline of quotations at the point of 1.6752.
Trades with USD/JPY had been in the flat. Japanese regulator did not introduce any changes into monetary policy, which helped to prevent weakening of Yen. Thanks to this, trade month on USD/JPY was closed with 0.4% decline, at the point of 101.78.
Do you want to know, which events will impact on the market in the nearest time? Read our new analytical reviews in “FreshForecast” market analysis section!
Wish you success in trading!
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