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.
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.
US Session Analysis for CFD Instruments 12/02/2021
Fundamental analysis
12 February, 2021
The British Pound moved slightly lower on Friday. It is presently 1.37894. The UK reported its GDP for the 4th QUarter rose 1.0%. Quarter-over-Quarter, and fell 7.8%, Year-over-Year. Both numbers beat their consensus forecasts of 0.5% and -8.1% respectively. The UK’s Manufacturing Production for December rose 0.3%, Month-over-Month. That was just short of the analysts’ expectation of 0.6%. The UK’s Trade Balance for December was reported to be -14.32 billion Pounds. The United States will post the Michigan Consumer Sentiment and Expectations for February this afternoon.
