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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.
70.91% 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 04/11/2022
Fundamental analysis
04 November, 2022
The Pound dollar currency pair increased during the Asian session. The pair is trading at 1.1215. The Bank of England raised rates yesterday with a 75 bps hike. Composite PMI for October printed 48.2 vs 47.2 expected. Services PMI for October was reported at 48.8. The consensus was 47.5. The U.K will report Construction PMI for October later today. The United States printed Initial Jobless Claims at 217k vs 220k expected. ISM Non-Manufacturing PMI for October printed 54.4. The consensus was 55.5. The Unemployment Rate for October is set to be reported later today.