Windsor News & Research Blog - Forex & CFD Market Analysis

Cable hit new 2023 high on Tuesday on fresh bullish acceleration which extends into the second consecutive day. Sterling received fresh support from weaker than expected US producer prices in May, which showed the smallest annual…
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Australian dollar remains bid in Asia / early Europe on Wednesday, underpinned by weaker dollar and rise in Dalian iron ore. Bulls cracked the lower boundary of strong resistance zone at 0.6807/18 (50% retracement of 0.7157/0.6458 / May…
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The dollar index is standing at the back foot and consolidating above three-week low in early Wednesday, following Tuesday’s post-US CPI drop and subsequent bounce which kept the price action above key supports at 103.15/01 (top of thick…
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US inflation rose by 4% in May, marking the smallest annualized increase in more than two years, following 4.9% rise in April and undershooting 4.1% forecast. Monthly inflation barely rose in May, climbing 0.1%, compared to 0.4% increase…
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The Euro advanced nearly 0.5% in early Tuesday, driven by weaker dollar ahead of release of US May inflation data. Fresh risk appetite on expectations that inflation will cool further in May and add to Fed’s plans to stay on hold in June…
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Cable pulled back from new one-month high on Monday, as traders collected profits from rally in past three days. Overbought daily studies contributed to decision, though investors exited longs ahead of key events this week – UK…
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WTI oil price continues to fall and lost around 6.5% of its value in last three days, with fresh bearish acceleration on Monday, breaking well below psychological $70 (the session low in Europe was $67.66). The sentiment was soured by…
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Australian dollar continues to trend higher vs its US counterpart and hit five-week high and hit five-week high in European trading on Monday. The Aussie remains underpinned by the latest RBA action, after the central bank surprised by…
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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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