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 06/11/2024
Fundamental analysis
06 November, 2024
In Asian trading, the pair fell sharply against the US Dollar, trading above the 1.0700 mark.
The EUR/USD currency pair hit a four month low during the Asian session as results from the US election came in suggesting that Donald Trump leads the race. In Europe, Eurozone Services PMI data for October (51.2 expected) will be released (09:00 GMT) and President Lagarde of the ECB will speak (14:00 GMT). In the United States, many US Election results will be revealed today and 30 Year Bond Auction data will be posted (18:00 GMT).
