Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% 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. Please click here to read our full Risk Warning.

78% of retail investor accounts lose money when trading CFDs with this provider.

The euro could keep rising
The euro could keep rising

The euro could keep rising

According to the latest data, Germany's composite PMI rose to 49.7.

According to the latest data, Germany's composite PMI rose to 49.7. The Eurozone's composite index also moved up to 50.2 and surpassed the 50-point mark for the first time since June 2022. This hints at weakening pressure on the Eurozone economy. If we add to that ECB President Christine Lagarde's hawkish position, we can suppose that the EUR/USD pair will continue to rise.

EUR/USD

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

Why trade with Libertex?

  • Get access to a free demo account free of charge.
  • Enjoy technical support from an operator 5 days a week, from 9 a.m. to 9 p.m. (Central European Standard Time).
  • Use a multiplier of up to 1:30 (for retail clients).
  • Operate on a platform for any device: Libertex and MetaTrader.
Back
Join Libertex!
Start live trading now
Register
or practice on a demo account

78% of retail investor accounts lose money

Table of contents
Get this report