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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 24/01/2025
Fundamental analysis
24 January, 2025
During Asian trading, the British pound increased against the US Dollar trading above 1.2400 levels.
The currency pair leapt to a two week high this morning but with UK data coming in weaker than expected markets expect that the Bank of England will cut interest rates in February. In the UK, Manufacturing PMI (46.9 exp) and Services PMI (50.8 exp) for January will be posted (09:30 GMT). In the US, Manufacturing PMI (49.8 expected) and Services PMI (56.4 exp) will be posted (14:45 GMT).
