Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil remains in red on Friday, pressured by growing fears of recession that continues to sour the sentiment, while comments from OPEC that the cartel is not going to increase more its production and will stick to its planned output…
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The USDJPY eases from new highest (137.00) since 1998, posted on Wednesday, as dollar loses traction on concerns that economic growth slowdown and possible recession may shorten Fed’s tightening cycle, that signaled traders to take profits.…
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The Euro extends steep fall against the dollar into third straight day on Thursday, following a 1.3% drop in past two days, with probe through 1.0419 (Fibo 76.4% of 1.0358/1.0614 upleg) adding to signals that the corrective phase is over.…
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The European Central Bank policymakers officially expressed optimism about further economic growth in their annual meeting in Portugal, but the tone was more pessimistic at the margins of the gathering, as soaring inflation and darkening…
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China’s manufacturing Purchasing Managers’ Index rose to 50.2 in June from 49.6 in May, slightly missing forecast at 50.5; Services PMI jumped to the highest in one year at 54.7 from 47.8 previous month, while Composite PMI which tracks the…
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The UK economy is under pressure from two major risks – expectations that soaring inflation will soon reach a double-digit level and a possible recession. The rising inflation, which was initially thought to be a temporary phenomenon,…
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Repeated failure at the base of a daily cloud and subsequent drop on Tuesday (0.6%) that registered a marginal close below 10DMA (1.0537) generated initial signal of recovery stall, though the action on Wednesday is again without direction.…
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The EURCHF remains in firmly red and hits the lowest since March 7 on Wednesday, with parity level being in focus. The Swiss franc continues to benefit from the recent shift in the Swiss National Bank’s monetary policy as the central bank…
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Cable is holding within a narrow consolidation in European trading on Wednesday, following Tuesday’s 0.64% drop, which generated an initial signal of an end of a multi-day directionless mode. Fresh weakness touched strong supports at…
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The Aussie dollar eases from one-week high on Tuesday after failing to benefit more from positive news that China slashed Covid quarantine for international travelers. The price action fell back below 10DMA (0.6951) which caps the price…
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