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.
70.91% 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. 70.91% 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 04/12/2024
Fundamental analysis
04 December, 2024
The US Dollar rose against the Japanese Yen in European trading just above 150.00 levels.
The currency pair has experienced a turbulent couple of days with the crisis in South Korea acting as a catalyst - as the crisis began demand for the Yen rose, and as it subsided the dollar recovered its strength. In Japan, Bank Services PMI data for November (50.2 exp) will be posted (00:30 GMT). In the United States, ADP Nonfarm Employment Change for November (166k exp) will be released (13:15 GMT), Global Services PMI data for November (57.0 exp) will be posted (14:45 GMT), ISM Non-Manufacturing PMI for November (55.5 exp) will be released. Fed Chair Powell will speak (18:45 GMT).