USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision
USD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate deci…
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US Dollar Outlook Hinges on July Inflation Data after Gangbuster Jobs Report
Most Read: GBP/USD Weekly Forecast - BoE Expects a Recession, Sterling Breakdown After a soft end in July, the U.S. dollar, measured by the DXY inde…
USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision
USD/CAD extends the series of lower highs and lows from the yearly high (1.3083) even as Canada’s Employment report shows an unexpected decline in jo…
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Risk warning
Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.
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Forex trading involves risk. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
