Windsor News & Research Blog - Forex & CFD Market Analysis

US retail sales increased by 1% in June from upwardly revised May’s figure at -0.1% and beat forecast for 0.8% rise. Retail sales, which exclude automobiles, gasoline, building materials and food services and more closely correspond with…
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The dollar index is trading just under new highest since Sep 2002, hit on Thursday’s acceleration above 109.00 mark. The greenback remains well supported by strong risk aversion on global economic and political uncertainty, while the…
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China’s economic growth slowed well below expectations in the second quarter, impacted by the recent Covid restrictions in some regions of the country that hurt industrial activity, while the war in Ukraine and global supply shortages added…
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The EURUSD eventually broke below parity and hit new lowest since 2002 at 0.9952, after hovering around this level in past three days. Although break of parity needs a confirmation on repeated close below this level, strong negative signal…
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WTI oil price slumped on Thursday, being down over 4.5% for the day, driven by further rise of the dollar on prospects of larger than expected US rate hike, on central bank’s policy meeting due later this month. Also, growing fears of…
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The Euro is hovering just above parity level for the third consecutive day, with this critical support being dented but bears were so far unable to break lower. Limited upticks show that downside pressure is strong, though headwinds from…
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The USDJPY accelerated higher in Asia / early Europe on Thursday, gaining over 1% and hitting new 24-year high, lifted by expectations for another big rate hike by Fed, as well as increased safe-haven demand on growing fears of a recession.…
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The Bank of Canada surprised by decision to raise its interest rate by 100 basis points on today’s policy meeting, as markets expected 0.75% hike, in the action last seen in August 1998, when the central bank was defending its currency.…
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US inflation continued to rise and hit 9.1% in twelve months through June, from 8.6% previous month and beating forecasts for 8.8% increase, while monthly figure showed consumer price rising to 1.3% in June from 1.0% in May and above 1.1%…
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Spot gold is holding near 10-month low and within a narrow range, as traders await release of US inflation figures for June for fresh signals. The yellow metal is in a steep downtrend from 2022 peak at $2070, posted in March, despite…
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