Nearly $1000 in an hour!

Reaction to Slump in Oil Prices

On September 28, 2015, yet another attempt to decrease oil prices occurred. Despite consolidation happening in the oil market, and oil prices remaining at current weekly levels, the Canadian dollar reacted to these fluctuations responsively enough.

The CAD/CHF currency pair dropped by 61 pips in one hour, which allowed to make $933 by a sell position, with trading one lot.

Falling Oil Prices

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