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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 03/10/2024
Fundamental analysis
03 October, 2024
During Asian trading, the British Pound fell sharply against the US Dollar trading below 1.3200 levels.
The pound was firmly lower this morning after Bank of England governor Bailey outlined the bank will be “more aggressive” in cutting interest rates if inflation news remained good. In the UK, Services PMI data for September will be revealed (09:30 GMT+1), data is expected to show 52.8. In the United States, Initial Jobless Claims data (221k expected) will be released (13:15 GMT+1). US Global Services PMI for September (55.4 exp) will be posted (14:45) and ISM Non Manufacturing PMI for September (51.6 exp) will be released (15:00).
