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.
73% 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% 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 16/10/2024
Fundamental analysis
16 October, 2024
In Asian trading, the euro inched lower against the US Dollar, trading below the 1.0900 mark.
The pair holds its position after a four-day losing streak during the Asian session on Wednesday. The Euro may face downward pressure as the European Central Bank is expected to implement a 25 basis point cut tomorrow. In the Eurozone, President Lagarde of the European Central Bank will speak (19:40 GMT+1). In the United States, Export and Import Price Index data for September will be posted (13:30 GMT+1).
