Windsor News & Research Blog - Forex & CFD Market Analysis

The Bank of England acted in line with wide expectations and raised interest rates by 50 basis points to 4%, the highest since 2008. Today’s decision marks the tenth straight rate hike in the central bank’s efforts to put high inflation…
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Gold continues to shine and hit the highest since mid-April on Thursday, in extension of the rally on Wednesday, sparked by dovish Fed. Investors entered fresh gold longs, as dollar became less popular after the US central bank announced…
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Cable stands at the back foot on Thursday, ahead of BOE policy meeting, though the price action remains within larger 1.2263/1.2247 near-term range and lacking clearer direction. Technical studies are mixed on daily chart, while warning…
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The Euro is holding firm tone in European trading on Thursday and consolidating around psychological 1.10 level, just under new ten-month high (1.1032), hit in extension of Wednesday’s 1.1% advance. The single currency appreciated after…
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The Federal Reserve raised interest rate by 25 basis points in Jan 31/Feb1 policy meeting, in line with wide expectations for further easing of the pace of tightening, after a number of larger hikes in 2022. The central bank’s latest…
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Eurozone inflation eased below expectations in January, dipping to 8.5% from 9.2% in December and beating 9% consensus, extending its rapid decline from a record high at 10.6% in October, for the third straight month. Although the annual…
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The WTI oil price hit three-week low Tuesday, in extension of sharp fall in past two days (down over 4%) but drop was limited by daily cloud base and Fibo 61.8% of $72.44/$82.64 upleg) where bears faced strong headwinds, causing the price…
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The eurozone economy grew by 0.1% in the last quarter of 2022 against expectations for a contraction by 0.1%, skipping recession scenario for the time being. The economy showed a satisfactory performance despite a drag from high interest…
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Chinese economy gained strong momentum after the government eventually lifted all Covid restrictions and started to recover at much faster pace than estimated in January, after a period of contraction in past months, data released on…
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The dollar index turned to red on Monday but remains within a narrow multi-day range, as traders stand aside, awaiting policy decisions from the US Federal Reserve, European Central Bank and the Bank of England. The US policymakers are…
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