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.
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 24/04/2025
Fundamental analysis
24 April, 2025
During Asian trading, the British pound edged higher against the US Dollar trading above 1.3200 levels.
The GBP/USD currency pair was slightly higher after two consecutive days of losses as the dollar retreated due to ongoing uncertainty over President Trump’s trade policies. In the UK, CBI Industrial Trends Orders data for April (-36 exp) will be released (11:00 GMT+1). In the US, Durable Goods Orders for March (2.1% exp) and Initial Jobless Claims (222k exp) will be posted (13:30 GMT+1) and ExistingHomes Sales data for March (4.14 mln exp) will be released (15:00 GMT+1).
