Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

UK inflation rose to 9% in April, the highest in forty years, making a strong jump from the previous month’s 7%, but came mainly in line with expectations, as economists forecasted consumer prices rise by 9.1%. Britain now has the…
Read More...

Cable extends rebound from new 2022 low into third straight day and accelerates recovery on Tuesday after upbeat jobs data. UK unemployment fell to 3.7% in March, the lowest since 1975, improving the sentiment on rising bets for BoE 50…
Read More...

The dollar index remains at the back foot in early Tuesday, extending pullback from new 20-year high as traders collect profits from the recent strong rally, driven by the US central bank start of tightening its monetary policy and signals…
Read More...

The latest Covid lockdowns in China, imposed in major cities in past two months, impacted China’s economic performance more than expected, strongly slowing the activity in factory and retail activity in April. Annualized industrial…
Read More...

The Euro is consolidating within a tight range on Friday after a 1.3% drop previous day, as oversold daily studies warn of price adjustment, which is likely to be limited as overall bearish bias is intact. The pair is on track for a weekly…
Read More...