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 03/02/2025
Fundamental analysis
03 February, 2025
The US Dollar rose against the Turkish Lira during the Asian session, above 35.900 levels.
The USD/TRY is on the rise in the Asian session, reaching another all-time high price as the American dollar remains dominant after the FED’s decision to keep their interest rates unchanged. In Turkey, Manufacturing PMI data for January will be published (7:00 GMT). In the US, Manufacturing PMI figures for January (50.1 exp) will be posted (14:45 GMT).
