Windsor News & Research Blog - Forex & CFD Market Analysis

The OPEC+ group of the largest oil producing nations announced its decision to cut the output by 2 million barrels per day, effective from November, with most of the burden of cuts to be taken by Saudi Arabia, UAE and Kuwait, as some of…
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The Eurozone Composite Purchasing Managers’ Index, which tracks the activity in manufacturing and services sectors and is used as gauge of economic health, fell to 48.1 in September from 48.9 in August and missed expectations at 48.2.…
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The WTI oil is consolidating within a narrow range on Wednesday, after the recent recovery rally peaked at $86.94 (the highest since Sep 15), taking a breather ahead of today’s OPEC+ meeting, which is expected to provide fresh signals. The…
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Bulls are taking a breather under new highest since Sep 15 as recent rally faced headwinds on approach to 1.1500 barrier. Fundamentals work in favor of pound, as U-turn in government’s plan to cut tax to the highest rate of income boosted…
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The Euro accelerated higher on Tuesday (up 1% since Asian opening) boosted by improved risk sentiment that kept dollar under pressure for the second straight day. Hawkish comments from ECB policymaker further fuel expectations for ECB’s…
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The dollar remains in red on Tuesday, weighed by renewed risk appetite, down 3% from new 20-year high at 114.72, posted last week. Monday’s weaker than expected numbers from US manufacturing sector in September added to negative near-term…
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The Reserve Bank of Australia, in October’s policy meeting, raised its cash rate by 25 basis points to 2.6%, the highest in nine years, against wide expectations for 50 basis points hike. The slowdown in the pace of rate hikes was not a…
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Spot gold price rose on Monday, generating initial signal of bullish continuation after the action in past two days moved in a large swings but without direction, leaving a double – Doji candles, one with long tail and the other with long…
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The Euro remains at the back foot on Monday, weighed by weak EU PMI data and higher oil prices, as well as bloc’s record inflation, while last Friday’s bearish Doji candle generates initial warning that three-day recovery might be over.…
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Eurozone manufacturing Purchasing Managers’ Index fell to 48.4 in September, the lowest since July 2020, from 49.6 in August and missing forecast at 48.5. The index stays in a contractionary zone below 50 threshold for the fifth…
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