Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% 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 all your money. Read full risk warning.
US Session Analysis for CFD Instruments 24/06/2025
Fundamental analysis
24 June, 2025
The US Dollar edged higher against the Turkish Lira during the European session, trading above 39.63 levels.
The USD/TRY pair extended its gains, as chronic inflation still persists and as the Central Bank of Turkey attempts to control it with high interest rates. In Turkey, Capacity Utilization for June came out with data being lower for this month than the month before (74.6% this month vs 75.0% for the previous month). In the US, CB Consumer Confidence for June (99.1 exp) and Fed Chair Powell will give testimony to Congress (15:00 GMT+1).
