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.
EU Session Analysis for CFD Instruments 02/02/2023
Fundamental analysis
02 February, 2023
The EUR/USD pair increased and traded at 1.1017 this morning. The European Central Bank is set to make an Interest Rate decision later today, with the markets forecasting a 50 basis point rate hike to 2.50%. The United States reported Nonfarm Unemployment Change at 106k vs 178k expected. JOTLs Job Openings for December printed 11.012m vs 10.250m expected. ISM Manufacturing PMI for January printed 47.4. The consensus was 48.0. Initial Jobless Claims is set to print later today.
