Windsor News & Research Blog - Forex & CFD Market Analysis

US manufacturing Purchasing Managers’ Index dropped to 52.4 in June, the lowest in almost two years, from 57.0 in May and strongly missing forecast at 56.0, the services PMI fell to 51.6 In June from 53.4 previous month and disappointed…
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The Aussie dollar holds in red for the second consecutive day, following a double-rejection under psychological 0.70 barrier and came under increased pressure on downbeat economic data. Australia’s composite PMI which tracks the activity…
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Spot gold edged higher on Wednesday after three days in red, boosted by risk aversion on lower stocks, political uncertainty and fears of recession, as raging inflation hurts economies while major central banks raise interest rates to curb…
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The USDJPY is taking a breather under new 24-year high on Wednesday, as overbought conditions prompt some profit-taking after the pair advanced 3.3% in past three days and traded at levels last seen in 1998. Overall picture shows bulls…
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Inflation in UK continued to rise and hit new 40-year record in May, contributing to severe problem of fast-rising cost of living, which is the hottest issue for the government, but also further hurting all sectors of the economy. The…
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WTI oil fell sharply on Wednesday, losing around 5.6% in Asian and early European session, following push by US President Biden to bring down soaring fuel prices, which cause a huge problem to Americans as the summer driving season started.…
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The latest reduction in natural gas supplies from Russia to Germany via the Nord Stream 1 pipeline under the Baltic Sea, although Russia said that technical problem caused lower flow, further raised fears that the economy may enter…
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The Euro advances for the second consecutive day and cracks strong resistance provided by the base of thick daily cloud (1.0569) reinforced by converged daily Tenkan-sen / Kijun-sen. Recovery was already rejected under the cloud base last…
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Cable extends recovery after Friday’s drop, holding positive sentiment after the BoE kept its mode of gradual rate increases on last week’s policy meeting, but showed readiness for more aggressive steps if needed to curb surging inflation.…
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Bulls pressure a multi-year peak at 135.57 on Tuesday after shallow pullback last week, as bear-trap under 112.06 Fibo support and Friday’s bullish engulfing signaled that bulls returned to power and accelerated rebound. Although daily…
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