Dear Traders,

The US GDP report, released quarterly, is considered one of the most important indicators of economic activity, and a figure better than expectations later today will be considered bullish for the dollar.

Most of our traders will be looking at the report for its impact on the EUR/USD. Here’s the dynamics of the trade opportunity, just prior to and after its release at 1:30pm GMT:

• The last quarter of 2011 saw GDP increase by 2.5%, and the markets are predicting an even better number for Q4, with an increase of 3.0%.
• A strong reading will boost confidence, and if the reading is stronger than this month’s prediction, the Euro/Usd could fall in value as investors move back into the US economy.
• With a forex binary option, if you believe the Eur/Usd is declining in value you would buy a PUT option. Alternatively if you are trading a standard forex trade, you could take a combination long forex position combined with a PUT binary option, as shown in the chart above.
• In this case if you believe the market may reverse you could secure your investment in the event of a failed breakout.

To better understand combination forex/binary options strategies and how to secure your investment in more detail, call us at +44-203-3185970 or send an email to support@startoptions.com.

Market Events:

Trade Alert for US GDP Quarterly Estimate – 1:30pm GMT

The expectations are for 3.0% annualized growth for the quarter, an uptick from previous quarter results of 2.5% and solid sign of renewed growth. Check the results shortly after the release and look for surprise developments.

Why is it important?
Released quarterly by the US government, it’s the broadest measure of economic activity and the primary gauge of the economy’s health. It’s considered a high impact report for traders to watch, and actual results better than forecast are positive for the currency.

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