Windsor News & Research Blog - Forex & CFD Market Analysis

USDJPY bulls are taking a breather after three-day rally which accelerated to new 2023 high on Tuesday (the pair was up 0.9% for the day). Traders remain cautious on looming intervention, as Japan’s authorities reiterated their readiness…
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GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low at 1.2527, posted on Tuesday after 0.5% daily drop, which completed bearish engulfing pattern on daily chart, adding to negative near-term signals.…
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Gold price is consolidating within a narrow range on Wednesday, as recent three-day pullback ran out of steam after posting the biggest one-day loss in more than a month on Tuesday. Fresh bears faced headwinds at pivotal Fibo support at…
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WTI oil price edged lower in early Wednesday’s trading, after advancing 0.9% on Tuesday and hitting new 2023 high ($88.02), underpinned by decision of Saudi Arabia and Russia to extend its voluntarily output cuts in the fourth quarter.…
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Australian dollar was sharply lower on Tuesday (down nearly 1.3% in Asian / European session), after the Reserve Bank of Australia kept interest rates unchanged at 4.1% for the third consecutive month. The RBA argued its decision by…
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The Euro lost traction on Tuesday and fell to 2 ½ week low, after Monday’s recovery attempts proved to be just a mild consolidation. Renewed risk aversion and series of weaker than expected Aug services PMI data from Eurozone member…
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EURUSD edged higher in early Monday, driven by fresh risk appetite, after Friday’s US labor data signaled that the Fed might be done with hiking interest rates. Fresh gains emerge after a multiple failure to register clear break through…
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  The US Nonfarm Payrolls report showed that the economy added more jobs than expected in August, but surprise jump in unemployment and cooling wage growth tempered initial positive signal and added to expectations that Federal Reserve…
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The dollar index steadies on Friday morning following 0.5% advance on Thursday, but range narrows ahead of key release today – US NFP report. Daily chart picture remains positive as 14-d momentum indicator stays above the centreline and…
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Inflation in Eurozone was unchanged in August while core reading fell in line with expectations, compared to July, when inflation eased, and core CPI was unchanged. Annualized inflation in the Euro bloc remained at 5.3% in August,…
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