Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar lost traction on Thursday, after strong recovery in past two days, deflated by disappointing US private sector payrolls data, while a drop below expectations in weekly jobless claims was unable to improve the situation. Fresh…
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The US private sector added significantly less jobs than expected in May, signaling that demand for labor slowed, in the situation of tightening financial conditions and rising interest rates, but job openings remains very strong and…
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The AUDUSD regains traction on Thursday and regains 0.72 handle, following strong rejection at 100DMA (0.7227) on Wednesday, which resulted in a shallow pullback, contained by broken Fibo 38.2% of 0.7661/0.6828 and keeping larger bulls…
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The USDJPY is trading within a narrow range around 130 handle on Thursday, after recovery from 126.36 (May 24 low) accelerated on Wednesday (up 1.1% for the day) and cracked pivotal barriers at 130.00/16 (psychological / Fibo 76.4% of…
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WTI oil price eased further in early Thursday, holding in red for the third straight day and pressured from profit-taking from the latest rally which stalled at psychological $120 barrier. Traders focus on today’s OPEC+ meeting, as the…
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The US Institute for Supply Management Index which tracks the activity in manufacturing sector, rose to 56.1 in May, bouncing from April’s 55.4, the lowest since September 2020 and against expectations for a drop to 54.5. The data show…
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The Euro is trading within a tight range on Wednesday, as recovery rally from 1.0349 low failed to clear pivotal barriers at 1.0767 (55DMA / 50% retracement of 1.1184/1.0349), but subsequent pullback was strongly rejected and contained by…
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Spot gold remains firmly in red for the second straight day and falls to two-week low on Wednesday, in extension to Tuesday’s 1% drop, pressured by stronger dollar on expectations global inflation concerns could prompt central banks for…
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The USDJPY extends strong rise into third straight day, lifted by stronger dollar, divergence in monetary policies as Fed remains hawkish while BoJ maintains ultra-low rates and Japanese importers buying dollar. Fresh advance cracked…
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German retail sales dropped by 5.4% in April after rising by 0.9% previous month and well below expectations for 0.2% fall. Strong rise in prices, especially for food, hurt consumers and was the main driver of the sharp fall in retail…
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