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 US Dollar decreased against the Canadian Dollar, trading below 1.4200 levels.
The currency pair has continued to lose ground despite the huge interest rate cut of 50bps by the Bank of Canada (to 3.25%). In Canada Building Permits data for October (-4.8% exp) will be posted (13:30 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).
