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.
EU Session Analysis for CFD Instruments 23/04/2025
Fundamental analysis
23 April, 2025
The Australian Dollar increased against the US Dollar during Asian trading above 0.6300 levels.
The AUD/USD currency recovered ground after mixed data was released in the session, while comments from US Treasury Secretary Bessent suggested that a trade deal with China was possible, supported the Aussie. In Australia Judo Bank Manufacturing PMI data for April (52.1 last month) will be released (00:00 GMT+1). In the US, Global Manufacturing PMI (49.0 exp) and Global Services PMI for April (52.8 exp) will be posted (14:45 GMT+1) and New Homes Sales data for March (682k exp) will be released (15:00 GMT+1).