Earn on USA major fundamentals

Sep 1, 2016

September 2 at 12:30 GMT the USA will publish essential macroeconomic news: unemployment rate and Non-Farm payrolls.

The news has traditionally a crucial impact on the EURUSD currency pair. At this time investors will focus their very attention to the data, since Stanley Fisher, FRS vice president, declared them to be determinative as far as the September rate decision is concerned. If the data meet expectations, the EURUSD currency pair may get a strong bearish momentum, while you will have an opportunity to earn.

Time

Currency

Event

Forecast

Previous

15:30

USD

                  New non-farm jobs

180К

255К

15:30

USD

                  Unemployment rate

4.8%

4.9%


At the moment EURUSD is traded at 1.113 and may potentially move 150 points (1500 points with 0.00001 quoting accuracy) in case the analysts’ forecast is precise. 

Calculations:

  • To open a 1 lot EURUSD position you will require $556.5: 100 000 (standard lot size) x 1 lot (position volume) / 200* (leverage) = €500 x 1.1100 (EURUSD rate) = $556.5;
  • The profit from 1 lot will make $1 500: 0.00001 (quoting accuracy) x 100 000 (standard lot size) x 1 500 (growth potential) = $1 500.

Thus, a 5 lot position may give you $7 500 profits with $2 782.5 invested funds, which makes 269.5% a day!  (With the leverage of 1:200*)

To take advantage of the news you are supposed to create a trading account if you have none, download a trading platform and open a position. For more details please contact your personal manager (dial +7-495-785-9669)

*For deposit over $50 000. Margin requirements

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Read full Risk Warning of Alfa-Forex here.