Windsor News & Research Blog - Forex & CFD Market Analysis

The Canadian dollar fell after BoC kep interest rate unchanged at 1.75% as expected but soured the sentiment on negative projections for the economy in coming two years if the US increases tariffs by 25% on all imports. Canada’s economy…
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The USDTRY pair remains firm despite the price action remaining below the base of thick daily cloud, which was cracked after Monday’s opening with 15 big figures gap higher. The lira was hit after President Erdogan fired  the CBRT governor…
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WTI oil extends advance on Wednesday and cracks 100DMA resistance ($59.16), maintaining bullish tone on OPEC+ extension of output cut agreement and stronger that expected draw in US crude stockpiles (API report on Tuesday showed drop of 8.1…
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The USDCAD pair is holding within narrow range near the high of three-day recovery at 1.3141 on Wednesday and awaiting the outcome of today’s key events, Bank of Canada rate decision, Fed chair Powell’s testimony to the Congress and the…
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The Turkish lira was the top loser in Asian session as the pair opened with strong gap higher (nearly 15 figures) on Monday, on announcement that Turkish President Erdogan fired the Governor of Turkish Central Bank on Saturday…
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Cable fell to six-month low after stronger than expected US NFP data and is on track for the biggest one-day loss since 28 Mar. The pair broke through key support at 1.2505 as big NFP beat sidelined risk of 0.5% rate cut in July that…
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The Euro fell to the lowest levels in two weeks after robust US NFP data showed stronger than expected rise in June (224K vs 160K f/c and downward revised May result to 72K from 75K). Strong jobs data inflated dollar, despite lower than…
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The Australian dollar stands at the back foot on Friday, following previous day’s strong upside rejection and repeated failure to close above cracked key barriers at 0.7030/35 (100DMA / daily cloud top). Strong bullish momentum keeps the…
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The pair regains traction and rises above 108 handle in European trading on Friday, after Wednesday’s hammer and Thursday’s tight Doji signaled that pullback from 108.53 is running out of steam. Studies on 4-hr chart support fresh…
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Bears remain on hold, as Thursday’s Doji after three-day fall and early Friday’s action in narrow range, signal indecision, with mixed daily studies supporting scenario. The pair is looking for fresh signal from US NFP data, which could…
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