Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar turns to red in early Europe after initial gains in Asia on Monday and probes again through cracked Fibo support at 146.85 (23.6% of 130.39/151.94 ascend). Renewed risk sentiment keeps the dollar under pressure, as traders focus…
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The Euro keeps firm tone at the beginning of the week and consolidating after 2.1% rally on Friday (the biggest daily advance in six years), sparked by renewed risk appetite on speculations that China could soon end its Covid restrictions,…
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The dollar index was sharply lower after mixed US labor data which showed hiring above expectations in October, but higher unemployment and lower wage inflation, warning that job growth may slow in coming months. Although the data suggest…
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US non-farm payrolls increased by 261,000 in October vs consensus for 200,000 rise, while September’s figure was revised upwards, showing 315,000 jobs added last month, compared to initially reported 263,000. The same report showed an…
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WTI oil price rose strongly on Friday, advancing 3.3% in the mid-European session, lifted by stronger dollar and persisting supply risks, though China’s Covid restrictions and recession fears continue to weigh and may limit gains. Friday’s…
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The Eurozone Composite Purchasing Managers’ Index, which tracks the activity in both, manufacturing and services sectors and is used as a gauge of economic health, dropped to 47.3 in October (the lowest in nearly two years), from 48.1 in…
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Cable edges higher in early Friday as traders collect profits after bearish acceleration below 1.15 handle in past two days found footstep at solid Fibo support at 1.1150 (38.2% of 1.0348/1.1645). The pound is weighed by BoE’s gloomy…
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The dollar rallies for the sixth consecutive day, hitting a two-week high on Thursday, after receiving fresh support from hawkish Fed. The US central bank acted in line with expectations and raised interest rates by 0.75% for the fourth…
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The Bank of England raised its interest rate by 75 basis points to 3%, in line with expectations. Today’s MPC’s decision marks the biggest rate hike in over three decades, with the policymakers being split in 7-2 vote (seven voted for…
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The Euro extend a steep fall from 1.0090 zone double top, falling around 0.8% on Thursday, in extension of post-Fed acceleration. The sentiment soured further after the US central bank delivered the fourth straight 75 basis points rate…
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