Windsor News & Research Blog - Forex & CFD Market Analysis

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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Australia’s gross domestic product increased 0.8% in the first three months this year, above forecasted 0.7% growth, while annual growth was at solid 3.3%, although below Q4 2021 upwardly revised 4.4% expansion, but beat expectations at…
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Cable holds in red on Tuesday, as dollar rose on month-end demand, while weaker than expected UK mortgage approvals data added to negative near-term tone. Traders also worry that soaring inflation may significantly hurt consumer demand…
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The Euro eases on Tuesday, deflated by firmer dollar and disappointing data, as the inflation in the European Union hit new record high in May and oil prices continue to rise, weakening bloc’s growth outlook. Two-week recovery rally from…
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