United States of America
A Rebate Service Working since 2009
Traders Trust
Up $8 to per lot
Partner ID: 601134
Traders Trust is a brokerage founded in 2009. The company values transparency above all, and that's why it's audited by such prominent companies as Deloitte and PwC. Being a classic ECN broker, Traders Trust focuses itself on advanced technologies and protection, which is proven by the company's using SSL. The Traders Trust team sees building long term client relations, based on fairness and integrity, as its mission, and that's why the clients get full information on everything, with no hidden quotes, platform bugs, slippage, or account terminations. If you are in search of a trustworthy partner, Traders Trust is one!

News Traders Trust


Important News: Non Farm Payroll, is the U.S economy collapsing?

Today the U.S Unemployment Rate and Non-Farm Payroll will be released at 12:30 GMT.
The Unemployment Rate is predicted to rise to 14% from 4.4% last month while the US economy is anticipated to have lost 22 million jobs in April.

Will those historical figures generate extreme volatility or even flash crashes? Well no, as experts identify the situation as the “new normal”.
Indeed, the ADP Employment change last Wednesday already gave us a glimpse of the negative results expected today, with a catastrophic figure of 20.2 Million jobs lost.

However the Greenback continued to strengthen that day like nothing happened. Therefore the question that comes to mind is:
Are economic releases totally decorrelated from the currency they represent? In such case, does it make it still possible to trade fundamentally on a short term basis?

Well, we will have an answer later today and early next week on the effect of both major US news to all major currency pairs and safe havens such as Gold.

If you have any question, please feel free to contact our support team who will be happy to assist you.

Best Regards,

TTCM Traders Capital Limited