Windsor News & Research Blog - Forex & CFD Market Analysis

US consumer spending, which accounts for more than two-thirds of economic activity, rose slightly above expectations in August, adding to signals that the economy stands on solid ground. Consumer spending increased by 0.6% last month, up…
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The Euro edged higher on Friday as the second leg of pullback from new 2025 peak (1.1918) found footstep at important Fibo support at 1.1655 (50% retracement of 1.1391/1.1918 rally). Near-term bears take a breather after strong fall in…
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WTI oil price rises for the second straight day, underpinned by renewed supply concerns and drop in US weekly crude inventories (API report on Tuesday -3.82 mln bls vs 3.64 mln bls previous week). Oil advanced over 3% in past two days,…
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USDJPY rose on Wednesday, underpinned by more cautious tone on monetary policy by Fed Powell and increased purchases by Japanese importers. The dollar regained traction after chief Powell signaled that the central bank needs to have…
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Silver price reduced pace after hitting new multi-year high ($44.46) on Tuesday but keeps firm bullish stance, lifted by recent rally in gold. Tuesday’s Doji candle and Wednesday’s action, being so far in the same shape, signal…
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Acceleration through key $3700 resistance zone pushed gold price to new record high on Monday (price was up 1.1% since opening). Shallow pullback from previous peak did not harm larger bulls and was just positioning for fresh push…
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Cable remains in a step fall from last Wednesday’s 2 ½ month peak (1.3725) which has so far retraced over 61.8% of recent 1.3333/1.3725 rally and cracked next significant support at 1.3465 (daily cloud top). Pound was initially hit by…
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USDJPY regained traction and bounced near Thursday’s one-week high after the Bank of Japan left rates unchanged but signaled potential earlier than expected rate hikes that temporarily inflated yen. Strong rally in past two days was…
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Gold regained traction on Thursday and bounced around $40, after pullback from new record high ($3707) found footstep at $3730 zone. Gold initially spiked above $3700 after FOMC announcement but reversed quickly after comments from Fed…
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The Federal Reserve cut interest rates by 25 basis point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won…
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