Windsor News & Research Blog - Forex Market Analysis & Trading Insights

Bulls hold grip and keep initial targets at 156.78 (May 14 high) and 157.01 (Fibo 61.8% of 160.19/151.85 correction. The pair hit new weekly high on Wednesday, as the dollar stands at the front foot ahead of release of minutes of Fed’s…
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Cable rose to two-month high (1.2761) on Wednesday, after UK inflation data for April showed that prices pressure eased below expectations, hurting bets for BoE’s June rate cut. Fresh acceleration higher generates initial signal of…
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Consumer prices in Britain rose by 2.3% year on year in April, in a sharp decline from 3.2% increase in March and hit the lowest in nearly three years (CPI was at 2.0% in July 2021) but missed expectations for 2.1% increase. Month on…
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Cable eases from new multi-week high (1.2700) on Thursday, as bulls faced headwinds from significant resistances at 1.2700 zone, provided by the top of daily Ichimoku cloud and Apr 9-10 tops. In addition, overbought conditions on daily…
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The latest data on US consumer prices indicates that inflation increased less than expected in April, suggesting a continuation of the downward trend at the beginning of the second quarter. This news has bolstered financial market…
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The Euro keeps firm tone and hits new five-week high in early European trading on Wednesday. Fresh bull-leg extends into third consecutive day and cracked pivotal barriers at 1.0830 zone, consisting of 100DMA (1.0823) / Fibo 61.8% of…
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In March, wages in Britain grew more than expected, with a notable increase of 6.0% in the first three months of 2024 compared to the same period a year earlier. This figure slightly surpassed the consensus forecast of 5.9%. However, other…
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The Bank of England kept its interest rates unchanged at a 16-year high of 5.25%, in its May policy meeting. The decision was in line with expectations, but today’s MPC 7-2 vote to hold rates vs widely expected 8-1 vote, points to change…
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WTI oil price fell in early Wednesday as unexpected rise in US crude inventories further soured the sentiment on rising demand concerns. Fresh weakness emerged below the base of rising daily Ichimoku cloud and broke through pivots at…
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Cable is holding within a narrow range on Tuesday as traders await fresh signals from the key economic event for sterling this week- BoE monetary policy meeting on Thursday. Data released today (Apr UK construction PMI well above…
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