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 03/12/2024
Fundamental analysis
03 December, 2024
During Asian trading, the British Pound inched lower against the US Dollar trading above 1.2600 levels.
The GBP/USD remains on the defensive during the Asian session despite the fact that traders continue to scale back the chances of an interest rate cut by the Bank of England on December 19th. In the UK, Retail Sale Monitor for November (0.6% exp) will be posted (00:01 GMT). In the United States, JOLTS Jobs Openings for October (7.49 mln exp) will be released (15:00 GMT).
