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.
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 understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
EU Session Analysis for CFD Instruments 31/01/2025
Fundamental analysis
31 January, 2025
The Australian Dollar traded lower against the US Dollar during Asian trading below 0.6230 levels.
The Australian Dollar remained under pressure against the greenback as expectations rose that the RBA will opt for an interest rate cut at its February 18th meeting, and as their PPI Q4 data released worse than expected this morning. In Australia, no major data releases will be posted today. In the US, Core PCE Price Index figures for December (2.8% exp) will be posted (13:30 GMT).
