CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.48% 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.

77.48% of retail investor accounts lose money when trading CFDs with this provider.

Trade Zone Week Ahead with Vee Phan (TrackRecord): 22nd – 26th May

Published: 21.05.2023
by Nick Alexander

The U.S. Dollar maintained its recent gains and approached two-month highs as it consolidated its position at the end of last week. This movement mirrored the subdued performance observed in the U.S. Treasury yields across the board. Even so, the sentiment was that the data at this time does not support skipping an interest rate hike in the June meeting. Therefore, all eyes were on Fed Chair Powell’s comments on Friday, and this week’s developments regarding the debt ceiling conversation.

We keep the discussion going this week, building upon the insightful session from the previous week. Vee maintains his focus on the upcoming data releases and places significant emphasis on the discussions surrounding the U.S. Debt Ceiling. Furthermore, he dives deeper into his analysis of the selected assets for the week, providing a comprehensive understanding of the potential scenarios that may unfold in the new trading week. To gain valuable insights into his views for the upcoming trading week, make sure to join today’s live stream at 7AM BST (4PM AESDT).

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Any person acting on the information presented on this page does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. Any research provided does not have regard to any specific investment objectives, financial situation and needs of any specific person who may receive it.

Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.