Windsor News & Research Blog - Forex & CFD Market Analysis

The cross is consolidating above important supports at 0.8486/77 (converged 10/20DMA’s / Fibo 38.2% of 0.8249/0.8618) following Wednesday’s sharp drop (0.9%). Bearish engulfing pattern formed on Wednesday, along with large bearish daily…
Read More...

The Euro is trading within tight range around 1.07 handle in Europe on Thursday but remains constructive despite easing risk mode in Asia. The action stays above broken Fibo barrier at 1.0668 (38.2% of 1.1184/1.0349) and daily Kijun-sen…
Read More...

Fresh acceleration higher pushed the USDTRY to new 2022 high at 16.34 on Wednesday, as traders continue to sell lira ahead of tomorrow’s CBRT policy meeting. Turkey’s central bank is expected to stay on hold this time and leave interest…
Read More...

German economy grew by 4% on year in the first quarter, in line with expectations, compared to 1.8% expansion in the fourth quarter 2021, while growth on quarter was 0.2% in Q1, following 0.3% contraction in the last three months last year.…
Read More...

Bears tightened grip on Tuesday after being congested in past three days, sending the pair to five-week low and signaling an extension of corrective pullback from new 20-year high (131.34). Profit-taking after strong bullish acceleration…
Read More...

The dollar index fell to one-month low on Tuesday, in extension of Monday’s 0.85% drop, under increased pressure from renewed risk appetite. Hawkish comments from ECB’s President Lagarde that the European Central Bank is likely to start…
Read More...

Britain’s Purchasing Managers’ Index data, a gauge of the manufacturing and services industries, dropped well below expectations in May, warning that the economy slowed more than expected. Downbeat May figures, accompanied with rising…
Read More...

The Euro keeps firm tone in early Tuesday and rises above 1.07 mark, in extension of Monday’s 1.2% rally. Fresh risk appetite and hawkish comments from the ECB underpin recovery, but so far positive fundamental factor is weighed by…
Read More...

The European Central Bank’s President Christine Lagarde said today that the central bank is likely to start raising its interest rates by the end of the third quarter this year. The ECB is on track to start moving its deposit rate from…
Read More...

The data from Ifo Institute showed that German business morale unexpectedly rose in May, jumping to 93.0 from April’s upwardly revised figure at 91.9 (from 91.8) and strongly beat the forecast at 91.4. Acceleration in Germany’s services…
Read More...