INSTRUMENTS
FOREX BROKER
EUROPE 2017
Enhance your trading experience with
- Variable spreads from 0.2 pips
- Leverage from 1:2 to 1:100*
- No re-quotes
- Hedging/netting allowed
- Deposits start as low as $/€100
- Variable spreads from 0.2 pips
- Leverage from 1:2 to 1:100*
- No re-quotes
- Hedging allowed
- Deposits start as low as $/€100
- Variable spreads from 0.2 pips
- Leverage from 1:2 to 1:100*
- No re-quotes
- Hedging allowed
- Deposits start as low as $/€100
- Variable spreads from 0.2 pips
- Leverage at 1:1
- No re-quotes
- Deposits start as low as $/€100
*Subject to individual client status, terms and conditions
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Economic News
A triple bottom in the EUR/USD daily chart remains in play but at a brisk of being negated. EUR/USD’s price action during the last couple of weeks created a double top, which could shift the pair’s bias. The Euro (EUR) drops from around weekly highs of 1.0925 on a buoyant US Dollar (USD) and on buyers’ failure to crack the YTD high at 1.0929.
US Department of Commerce reported that PCE was below estimates, spurring speculations for a Fed shift. Oil prices rise after output reduction at several oilfields in northern Iraq’s Kurdistan region. Western Texas Intermediate (WT), the US crude oil benchmark, is set to finish the week with more than 9% gains after touching a YTD low of $64.41. On Friday, WTI is trading at $75.
TeleTrade News
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Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.19% 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. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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