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 05/02/2021
Fundamental analysis
05 February, 2021
The USD/JPY pair moved moderately higher in choppy trading on Friday. It is now trading at 105.612. Japan’s Household Spending for December fell 0.6%, Year-over-Year, and climbed 0.9%, Month-over-Month. The consensus forecasts were down 2.4% and down 1.9% respectively. Japan’s Leading Index for December printed at -1.2%, down from November’s figure of 2.1%. The United States will report Nonfarm Payroll Changes and the Unemployment Rate for January later today.
