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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.

XTB Online Trading

Commodity currencies take a step back

13:31 6 February 2019
Commodity-related currencies have not performed well so far today even as the US dollar index is only slightly changed. Major weakness came after RBA’s governor Philip Lowe signalled that a rate cut is on the table if the labour market conditions deteriorate. As a result, the Aussie is falling against the US dollar as much as 1.4% at the time of writing. Other commodity-related currencies are also on the back foot: NZD is losing 0.6%, CAD is falling 0.5% while NOK is going down 0.3%. Note that NZ traders should keep a close eye on a milk auction this afternoon which could shake the NZ dollar too.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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