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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 USD/CAD pair inched lower to 1.2069. The pair made a steady decline early Tuesday but climbed back to where it started by the end of the trading day. Canada’s 1st Quarter GDP rose 1.1%, Month-over-Month, and climbed 5.6%, Quarter-over-Quarter. The consensus forecasts were 1.0% and 6.7% respectively. Canada’s Manufacturing PMI for May printed at 57.0. In the United States, the ISM Manufacturing PMI for May beat its forecast, printing at 61.2. Analysts had expected only 60.9. U.S. Construction Spending for April rose 0.2%, Month-over-Month. The consensus forecast was 0.5%.
