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Trading Performance 2017-2018

EUR/USD

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EUR/USD News & Analysis

Forex signals

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Forex Trading Strategies News & Analysis
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GBP/USD

USD/JPY

AUD/USD

USD/CAD

Latest Articles

The CAD strengthened against ithe USD on Friday after data showing a surge in domestic inflation triggered increased bets on another Bank of Canada interest rate hike as soon as September. We have placed USD/CAD sell order.

Turning to the EUR/USD, Wednesday’s hammer candle bull signal was confirmed on Thursday and Friday. We remain long at 1.1350 for 1.1520.

This is how we trade now:

Canada's annual inflation rate surged to 3.0% in July, its highest level in nearly seven years, raising expectations that the Bank of Canada might raise interest rates again as soon as next month and pushing the Canadian dollar higher.

The inflation rate, which last eclipsed 3.0% in September 2011, was much stronger than the 2.5% market forecast. Inflation in June was 2.5%.

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