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 14/11/2024
Fundamental analysis
14 November, 2024
In European trading, the euro dropped against the US Dollar, trading above the 1.0500 mark.
The EUR/USD continued falling during European trading following concerns about the political situation in Germany, Trump’s future trade policies towards Europe as well as a stronger dollar. In Europe, Q3 Eurozone GDP figures were released showing expected results (0,9% yearly growth). In the United States, Month on Month PPI Inflation data for October (0.2% expected) will be released (13:30 GMT), US Initial Jobless Claims data (224k expected) will be posted (13:30 GMT) and Fed Chair Powell will speak (20:00 GMT).