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 07/07/2025
Fundamental analysis
07 July, 2025
During Asian trading, the British pound fell against the US Dollar trading below 1.3700 levels.
The GBP/USD pair extended losses for the second session as markets factor in a potential Bank of England interest rate cut as early as August following somewhat dovish statements from BoE Governor Bailey. In the UK, the Halifax Price Index for June (2.5 last month) will be released (07:00 GMT+1). In the US, the Fed’s Balance Sheet (6.622 bln) will be published (21:30 GMT+1).