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.
EU Session Analysis for CFD Instruments 10/05/2021
Fundamental analysis
10 May, 2021
The Aussie Dollar currency pair edged higher, trading around 0.7849 during the Asian session. The Aussie Dollar rose sharply on Friday. Australia’s AIG Services Index for April came in at 61.0, up from March’s report of 58.7. In the United States, the Nonfarm Payroll missed their estimates by a large amount, printing at 266,000 new jobs for April. The consensus forecast called for 978,000 new jobs. The Unemployment Rate for April increased to 6.1%. Analysts had forecast a drop to 5.8%.
