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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

Purchasing Managers' Index

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Trading the trend

Trading the trend: short EUR/USD

This week, we look at going short EUR/USD as the pair continues to decline following poor eurozone PMI data. With our stop at $1.095, above the recent highs, we are looking for a move down towards $1.07.

2024-07-25T05:15:13+0100