Windsor News & Research Blog - Forex & CFD Market Analysis

Britain’s economy showed a minimal growth by 0.1% m/m in November, beating expectations for 0.3% contraction, but slowed in comparison to previous month’s 0.5% expansion. Annualized GDP came at 0.2% in November, missing forecast at 0.3%…
Read More...

The USDJPY fell over 2% on Thursday after US inflation data signaled that the Fed would further ease the pace of policy tightening, prompting sell-off of the US currency. Fresh weakness retested Jan 3 low at 129.50, fully retracing…
Read More...

The dollar index accelerated lower on Thursday after holding in a sideways mode in past two days, hitting new lowest in seven months. The greenback was deflated by US CPI data which indicate that price pressures are easing and inflation is…
Read More...

Inflation in the United States dropped to 6.5% y/y in December from 7.1% previous month, in line with expectations, while monthly figure showed decline by 0.1% vs consensus for flat inflation in December and 0.1% increase in November.…
Read More...

WTI price rises further in European session on Thursday, in extension of 4% rally on Wednesday (the biggest one-day gain since Nov). Improved sentiment on growing optimism about global demand following China’s economy reopening after the…
Read More...

China’s annualized inflation rose by 1.8% in December, compared to the same period last year, from 1.6% previous month, in line with expectations. Rising food prices which increased by 4.8% from 3.7% in November, were the main driver of…
Read More...

The EURGBP cross extends advance into second straight day and cracks tops of multi-month range, hitting 0.8881 (the highest since Sep 29). Sustained break above the range ceiling would also lift the price above the top of descending daily…
Read More...

Bitcoin is trading in a quiet mode on Wednesday, after rally in past two days faced headwinds from the base of thick daily cloud (1752), reinforced by Fibo 61.8% of 1863/1620 bear-leg. Overbought conditions on daily chart also contribute…
Read More...

The USDJPY remains constructive and edges higher on Wednesday, following weak Japanese data overnight and a bear trap under Fibo support at 131.51 (61.8% of 129.50/134.77). Wednesday’s action, however, is rather quiet, as markets await…
Read More...

The Euro keeps bullish bias in early Wednesday and regains traction after bulls took a breather (Tuesday’s Doji). Full reversal of January’s pullback (1.0705/1.0483) generates initial signal of continuation of larger uptrend from 2022 low…
Read More...