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.
67% 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. 67% 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.
75% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
US Session Analysis for CFD Instruments 12/12/2024
Fundamental analysis
12 December, 2024
In European trading, the euro fell against the US Dollar, trading below the 1.0510 mark.
The upcoming interest rate decision by the ECB today is creating downward pressure on the pair as the probability of an interest rate cut is very high. In Europe, the European Central Bank will meet to decide on interest rates (3.15% expected) at (13:15 GMT). In the US, Initial Jobless Claims data (221k exp) and PPI Inflation data for November (0.2% exp) will be released (13:30 GMT).
