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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.
70.91% 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 26/02/2021
Fundamental analysis
26 February, 2021
The USD/TRY traded sharply higher during the Asian session to trade at 7.4315. The pair climbed higher for the fourth trading day in a row on Thursday. The Turkish Economic Confidence Index for February printed at 95.80, a slight decrease from January’s figure of 96.20. In the United States, 4th Quarter GDP was revised down a tenth of a percentage point to 4.1% Quarter-over-Quarter. Initial Jobless Claims for the past week printed at 730,000, much better than the 838,000 that had been expected. Core Durable Goods Orders for January rose 1.4%, Month-over-Month. The consensus forecast was an increase of only 0.7%. Pending Home Sales for January fell 2.8%, Month-over-Month. The consensus forecast was a drop of only 0.2%.
