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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 02/06/2021
Fundamental analysis
02 June, 2021
The Aussie Dollar currency pair edged lower to around 0.7750 levels during the Asian session. The Aussie Dollar spiked higher late on Tuesday. The Reserve Bank of Australia left interest rates unchanged at 0.10% as expected, and based on their statement will probably not raise rates until 2024. Australia’s Building Approvals for April fell 8.6%, Month-over-Month. Its Manufacturing PMI for May came in at 60.4. In the United States, Construction Spending for April rose 0.2%, Month-over-Month. The consensus forecast was 0.5%. Its ISM Manufacturing PMI for May came in at 61..2, above the consensus forecast of 60.9.
