Windsor News & Research Blog - Forex & CFD Market Analysis

Britain’s services Purchasing Managers’ Index fell to 48.7 in January from 49.9 in December 2022, pointing to the weakest performance in two years, when the country was under tough coronavirus restrictions. The January data point to a…
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The WTI oil remained at the back foot on Thursday and fell to three-week low, in extension to Wednesday’s 3% drop, as dollar regained traction, partially offsetting supply concerns on looming sanctions on Russian oil products. Fresh…
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The European Central Bank made no surprise today and raised interest rates by 50 basis points, but signaled it will remain on course to bring high inflation under control. The ECB was aggressive in recent policy tightening as inflation…
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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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