Trading Forex and CFDs is risky
Read HotForex Daily Market Analysis

Risk back at start of new week – Video Analysis

Market Analysis

Risk back at start of new week –  The dollar gained while safe haven currencies weakened in early week trade, concomitantly with stock market rallies amid relief that North Korea refrained from conducting a further missile test over the weekend (which had been widely feared heading into the weekend). Meanwhile ECB’s Coeure warns on inflation impact of currency. His statement seems to weaken EURO.  Coeure said “exogenous shocks to the exchange rate, if persistent, can lead to an unwarranted tightening of financial conditions with undesirable consequences for the inflation outlook”, thus adding to the indications from last week’s council meeting, that the strong currency is making the ECB reluctant to commit to an end date for QE.

Click here to access the HotForex Economic calendar.

Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! The next webinar will start in:

Stuart Cowell

Senior Market Analyst

HotForex

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please read the full Risk Disclosure.

Risk Warning: Remember Forex and CFDs are leveraged products and can result in the loss of all invested capital. Please consider our Risk Disclosure.