Windsor News & Research Blog - Forex & CFD Market Analysis

Cable rose to the highest in over two weeks in early Monday, lifted by improved risk sentiment on comments from the US President Biden about possible reduction of tariffs on China. Fresh strength signals an extension of last week’s 2.05%…
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Unexpected and strong rise in UK retail sales in April cheered overall gloomy picture, but many economist see it just as a temporary phenomenon which is unlikely to be long-lasting. Monthly retail sales rose by 1.4% in April after…
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The Euro is standing at the back foot on Friday, following 1.2% advance on Thursday, but dips were so far limited, adding to positive signal from Thursday’s bullish engulfing pattern. Fresh bullish momentum on daily chart and formation of…
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Cable regained strength after being deflated on Wednesday (down 1.2% for the day) by high inflation figure. Investors turned focus towards the BoE, which is expected to raise rates by 25 basis points in the policy meeting next month that…
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The Australian dollar regained traction on Thursday and recovered a good part of Wednesday’s 1% drop, underpinned by fresh optimism over relaxing Covid restrictions in China and solid Australia’s jobs data. Unemployment in Australia fell…
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The USDJPY extends lower in early Thursday’s trading, following nearly 1% drop on Wednesday, as yen was supported by increased flow into safety on risk aversion. Negative signal is developing on daily chart as near-term recovery attempts…
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Recent hawkish comments from the policymakers signal that the European Central Bank is likely to start raising its interest rates, once it ends its bond-purchasing program, which is expected in early third quarter this year. Raging…
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The Euro eases on Wednesday after three-day recovery leg from five-year low at 1.0349 showed signs of stall and was capped by falling 20DMA. Rebound was fueled by profit-taking on improved sentiment and expectations for more ECB rate…
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WTI oil price rose on Wednesday and pressure Tuesday’s peak at $115.52 (the highest since Mar 24), extending bull-leg off $98.17 (May 11 higher low. Oil price fresh support from easing of Covid restrictions in China, drop in Russian oil…
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Spot gold remains at the back foot on Wednesday and extends fresh weakness, after brief recovery from new 4 ½ month low ($1786) was capped by 200DMA ($1836). Today’s reaction on strong rise of UK inflation in April was mild, despite the…
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