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.
70.41% 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. 70.41% 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 27/04/2022
Fundamental analysis
27 April, 2022
During most of European trade, the euro weakened sharply against the dollar. Russia has suspended the export of natural gas to Poland and Bulgaria because the two countries have not fulfilled their obligations in rubles. The EU also continues to worsen overall relations with Russia in the long run - economically, politically and diplomatically. New moves in that direction are possible this week, so the euro remains under long-term pressure. Hawkish positions of the creators of monetary policy in the United States, on the need for a rapid and decisive increase in interest rates, give strength to the US dollar. At around 13:00, the euro was exchanged for 1.0602 dollars, which is a weakening of the common European currency by 0.33% since the close of trading on Friday.