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 11/06/2021
Fundamental analysis
11 June, 2021
The British Pound fell on Friday. It is presently 1.41588. The UK’s GDP rose 2.3%, Month-over-Month, slightly higher than the 2.2% forecast. Manufacturing Production for April fell 0.3%, Month-0over-Month, and rose 39.7%, Year-over-Year. Analysts were looking for 1.5% and 41.8% respectively. UK Industrial Production for April fell 1.3%, Month-over-Month. The consensus forecast was an increase of 1.2%. The United States will report Michigan Consumer Sentiment for June this afternoon.
