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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.
73.43% 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. 73.43% 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 17/01/2025
Fundamental analysis
17 January, 2025
During European trading, the British Pound increased against the US Dollar, trading above 1.2200 levels.
The currency pair has been recovering ground since this morning's losses following worse than expected retail sales data from the UK and traders are leaning towards the possibility of three interest rate cuts from the Bank of England this year. In the UK Retail Sales for December have been posted with worse than expected results (3.6% realised vs 4.2% expected). In the US, Housing Starts data for December (-1.8% last month) and Industrial Production data for December (0.3% expected) will be released at 13:30 GMT and 14:15 GMT respectively.
