Top Trades – Currency Pairs

Top Trades – Currency Pairs

Have you been following forex developments? Here is how much you could earn by trading Japanese yens (JPY) against Swiss Francs (CHF) - CHFJPY.

The Japanese yen had been weakening against the US dollar as North Korea conducted missile tests, while the Swiss Franc was strengthening due to improving economic data.

• Based on our CHFJPY technical analysis released on December 4, 2017, you could buy 100,000 CHF with 1:100 leverage at the exchange rate CHFJPY 114.60 on December 12, 2017 by investing 1012.77 USD (margin for this position).
• Close the position on January 5, 2018 at the exchange rate CHFJPY 116.116.
• Therefore, by investing just 1012.77 USD, you could earn 1231.62 USD (net of $104.76 swap charge), that is increase the investment about 122%.

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