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 23/12/2024
Fundamental analysis
23 December, 2024
During European trading, the British Pound decreased against the US Dollar trading below 1.2670 levels.
For the last couple of days the pair has traded in a band, however the newest GDP data of the UK is exerting negative pressures on the pair. In the UK Q3 GDP data was published with worse than expected results (0.0% vs 0.1% expected). In the US, CB Consumer Confidence for December (113% exp) will be released (15:00 GMT).
