Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 05/03/2021
Fundamental analysis
05 March, 2021
The Euro slid again on Friday as the US Dollar strengthened. It is now 1.19255. German Factory Orders for January rose 1.4%, Month-over-Month. The consensus forecast was 0.7%. Italian Retail Sales for January fell 3%, Month-over-Month, and fell 6.8%, year-over-year. The United States will report Nonfarm Payrolls and the Unemployment Rate for February later today. Rising treasury yields in the United States are powering the Greenback higher against most currencies.
