Windsor News & Research Blog - Forex & CFD Market Analysis

USDTRY extends steep ascend of past two weeks and hit new record high on Monday morning, after starting week with gap-higher opening. There are no firm signs that the latest rally may run out of steam, as initial signals (Thursday’s…
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The USDCAD continues to trend lower and on track for the second straight big weekly loss, as Canadian dollar received fresh boost from unexpected BOC rate hike earlier this week and renewed hawkish stance, which suggests that further…
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The GBPJPY keeps firm bullish tone and riding on extended third wave of five-wave cycle from 155.35 (Jan 3 low) and trading near the highest level in 7.5 years on Friday. The cross is on track for the fourth consecutive weekly gain, as…
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China’s consumer prices rose 0.2% y/y in May, missing forecast for 0.3% increase, slightly better from 0.1% rise in April, but remains in a steep downward trajectory since January’s 2.1% peak. The key CPI driver, food inflation, was…
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The Euro accelerated higher on Thursday, advancing 0.65% until early US session, lifted by weaker dollar on US rate outlook uncertainty, ignoring downbeat EU Q1 GDP data, which indicate that economy is recession. Fresh bulls cracked…
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Cable accelerates higher on Thursday, lifted by weaker dollar as markets are still not sure what the Fed will decide in the next week’s policy meeting. The latest surprises from RBA and BOC raise hopes that the US central bank would opt…
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Australian dollar regained traction on Thursday and probing again through key 0.6680/90 resistance zone (daily cloud base / Fibo 61.8% of 0.6818/0.6458 / 200DMA) following a false break on Wednesday. The latest hawkish comments from…
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The USDCAD pair is holding firmly in red for the third straight day and near one-month low, posted on Wednesday after a BOC hawkish hike. The Bank of Canada surprised markets by raising interest rate by 25 basis points to 4.75%, the…
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Turkish lira collapsed against US dollar on Wednesday, losing around 7% of its value during Asian and European trading, in the biggest daily fall since 10 Aug 2018. Fresh weakness signals an acceleration of lira’s larger downtrend, which…
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The USDJPY edges lower on Wednesday, keeping negative bias below psychological 140 barrier, after repeated failure to clear this level in past three days. Overall picture is still bullish but weakening, as falling 14-d momentum is…
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