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.
EU Session Analysis for CFD Instruments 29/09/2021
Fundamental analysis
29 September, 2021
The Eurodollar currency pair inched higher, moving to around 1.1684 levels during the Asian session this morning. The Euro fell on Tuesday due to a stronger Greenback and cross-currency arbitrage with a plunging British Pound. Germany’s Consumer Climate printed at 0.3. French Consumer Confidence for September came in at 102. In the United States, the CB Consumer Confidence for September landed on 109.3, well below its forecast of 114.5. The Case-Shiller Composite-20 Home Price Index for July rose 1.5%, Month-over-Month, and climbed 19.9%, Year-over-Year. The consensus forecasts were 1.7% and 20.0%, respectively.