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 21/10/2022
Fundamental analysis
21 October, 2022
The US Canadian Dollar moved upwards during the Asian Session. The pair traded at 1.3786 this morning. Canada will report Core Retail Sales Month-on-Month for August later today. Retail Sales Month-on-Month for September will also print. The United States reported the Philadelphia Fed Manufacturing Index for October printed -8.7. The consensus was -5.0. Existing Home Sales for September printed 4.71m vs 4.70m expected. Initial Jobless Claims at 214k vs 230k expected. The United States has no scheduled economic events to report later today.
