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 29/01/2021
Fundamental analysis
29 January, 2021
The USD/JPY pair traded upwards during the Asian session to 104.53. The pair moved sideways on Thursday in bumpy trading. Retail Sales for December in Japan declined by 0.3%, Year-over-Year. In the United States, 4th Quarter GDP printed at 4.0 %, Quarter-over-Quarter, as expected. Initial Jobless Claims for the past week fell to 847,000 new claims. The consensus forecast was for 875,000 new claims.
