Windsor News & Research Blog - Forex & CFD Market Analysis

Gold is trading within a narrow consolidation near new highest level in almost three weeks, following nearly 1.8% rally on Tuesday, as traders stay aside, awaiting announcement from FOMC, on conclusion of two-day policy meeting. The…
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Cable regained traction and bounced above 1.2500 mark on Wednesday, lifted by weaker dollar ahead of Fed decision. Fresh advance generates initial signal that two-day pullback from new 2023 high (1.2583) might be over, as today’s…
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The dollar index remains in defensive for the second straight day as markets await Fed’s decision at the end of two day policy meeting. The central bank is widely expected to deliver another 25 basis points rate hike, but markets focus…
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Crude prices remain in red in early Wednesday and hit new lowest since Mar 27, keeping negative sentiment on growing concerns over darkening macroeconomic outlook and its impact on oil demand. Markets also focus on two key events – Fed…
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Near-term structure weakens as pullback from new 2023 high (1.1095) extends into fourth consecutive day and probes below pivotal supports at 1.0968/59 (20DMA / Fibo 23.6% of 1.0516/1.1095). Extension of Monday’s nearly 0.5% drop below…
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Australian dollar rose over 1% on Tuesday, lifted by unexpected 25 basis points rate hike by the Reserve Bank of Australia and hawkish stance which signals that more hikes could be expected, in efforts to curb persistently high inflation.…
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The Reserve Bank of Australia raised its cash rate by 25 basis points to 3.85% despite forecasts for unchanged policy in May. The decision was also against growing expectations that tightening cycle might be close to the end, after…
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The Euro remains at the back foot at the start of the week and probing through psychological 1.10 support, pressured by firmer dollar and risk aversion. However, fresh dips were so far limited, as Friday’s spike to pivotal support at…
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The USDJPY keeps firm bullish tone early Monday and extends gains after Friday’s 1.8% rally (the second biggest daily advance this year). Japanese yen remains under increased pressure following dovish BOJ on Friday, while the dollar is…
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The GBPJPY cross surged to five-month high (also new 2023 peak), advancing 1.6% until early US session on Friday, as yen was sold across the board after the Bank of Japan kept firm dovish stance. The biggest daily gains since Jan 4…
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