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66% 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. 66% 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 19/07/2021
Fundamental analysis
19 July, 2021
The USD/JPY pair edged lower, trading around 109.93 during the Asian session. The pair rallied on Friday. The Bank of Japan announced interest rates would remain unchanged at -0.10%, as expected. The Bank of Japan also lowered its growth forecast for this year while at the same time increasing its inflation forecast due to higher fuel costs. Japan’s IPSOS PCSI for July came in at 40.93. In the United States, Retail Sales for June printed at 0.6%, Month-over-Month, and Core Retail Sales for June came in at 1.3%, Month-over-Month. The consensus forecasts were -0.4% and 0.4% respectively. The Michigan Consumer Sentiment for July was reported to be 80.8, well below the analysts’ estimate of 86.5.
