CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.76% 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.

81.76% of retail investor accounts lose money when trading CFDs with this provider.

Trade Zone Week Ahead with Zoran Kresovic (Eightcap) | 26th – 30th June

Published: 23.06.2023
by Nick Alexander

As the week drew to a close (week commencing 19.06.23), the U.S. Dollar (USD) maintained its advantageous position driven by risk aversion, demonstrating early strength throughout Friday. The U.S. Dollar Index (DXY) showcased a continued rebound last Thursday, reaching closer to the 103.00 mark. Market participants were eagerly anticipating the release of S&P Global’s preliminary June Manufacturing and Services PMI surveys for key regions such as the Eurozone, the UK, and the U.S. Additionally, investors will closely watch for any remarks from central bank officials, which may shape their future trading decisions.

To gain deeper insights into the implications of the trading week’s upcoming financial events, don’t forget to watch today’s final Trade Zone Week Ahead of June, hosted by Eightcap analyst Zoran Kresovic. See Zoran analyse the previous week’s performance in anticipation of this week’s events, such as Wednesday’s Australian CPI and Thursday’s Retail Sales.

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.

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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.