CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% 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.

76.09% of retail investor accounts lose money when trading CFDs with this provider.

Trade Zone Week Ahead with Zoran Kresovic (Eightcap): 19th – 23rd June

Published: 18.06.2023
by Nick Alexander

At the end of last week (week commencing 12.06.23), the U.S. Dollar (USD) experienced a significant decline against other major currencies, leading to the U.S. Dollar Index (DXY) hitting the lowest level in over a month, near the 102.00 mark. As we continued through Friday, the DXY was trying to consolidate its losses for the week, with investors eagerly awaiting remarks from Federal Reserve. What implications do the announcements from the Federal Reserve have on the value of the USD, and what effect on the market can we anticipate for the upcoming trading week?

Watch the recording of our Week Ahead live stream. Get ready, and recap everything from Zoran Kresovic, as he analyses last week’s statements from the Federal Reserve and the economic events for the new trading week. Uncovering the potential possibilities in the USD and other pairs from Forex, Indices, and Commodities markets.

Don’t forget to engage with Zoran to share your thoughts and questions as he shares his insights.

Don’t forget to subscribe to the Eightcap YouTube Channel! Turn on your alerts and be notified when Andrew or other Eightcap content is available.

* The information provided on this page are the opinions of the author and do not necessarily reflect the opinions of Eightcap and are not endorsed by Eightcap.

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.