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.
70% 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% 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 07/08/2025
Fundamental analysis
07 August, 2025
During European trading, the British Pound increased against the US Dollar, trading above 1.3200 levels.
The GBP/USD hit a one week high in the European Session ahead of this afternoon’s Bank of England interest rate decision. In the UK, the Bank of England Interest rate decision (exp cut of 0.25% to 4.00%) will be taken (12:00 GMT+1) and the Bank of England Governor Bailey will speak (14:15 GMT+1). In the US, Initial Jobless Claims data (221k exp) will be posted (13:30 GMT+1).
