CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider.
CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
USD: Fresh leg higher likely with higher-for-longer emphasized and trade tensions in focus
EUR: Upside limited by June rate cut hopes
JPY: Still a buy-on-dips towards 155
GBP: Supported by buoyant equity sentiment
AUD: Threats from commodities pullback and China tariffs
CNH: Downside risks from tariff threats but authorities remain ready to support
Precious metals led the declines last week after recent momentum-driven rally, and more hawkish Fed messaging this week could take a further toll.Our FX Scorecard shows momentum in yen, CHF and CNH is the weakest with low volatility continuing to fuel carry trading, while high yielders like NZD and GBP outperform.Forex COT to the week of May 21 saw dollar longs pared for a fourth consecutive week. Renewed demand for EUR, GBP and AUD underpinned, while shorts were added in JPY and CAD.
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