Windsor News & Research Blog - Forex & CFD Market Analysis

USDTRY rose further on Monday, hitting new all-time high above 17.50, with fresh lira’s weakness being sparked by comments of Turkish President Erdogan over the weekend, as his boosted his unorthodox interest rate policy by referring to…
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The dollar index is trading within a narrow range in early Monday but remains bid on prevailing risk-off mode and underpinned following last Friday’s 0.70% advance, which fully reversed post-Fed fall. The price action moves into the upper…
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Spot gold extends advance for the third consecutive day and is on track for the first positive weekly close after being in red for past four weeks. The yellow metal gained support weaker dollar and also benefited from rising inflationary…
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The Euro is consolidating under two-week high after being dragged by stronger pound after BoE surprise rate hike and inflated by weaker dollar post-Fed. Near-term action remains within a consolidation range above new 2021 low (1.1186) and…
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Cable is holding positive tone in early Friday following Thursday’s rally to 1.3374 (three-week high) after surprise BoE rate hike. Upbeat UK retail sales data (Nov 1.4% m/m from 1.1% in Oct and vs 0.8% f/c) provide additional support to…
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The Bank of England raised interest rates by 15 basis points to 0.25% in its last policy meeting this year, being the first of the world’s central banks to increase interest rates after the coronavirus pandemic. The nine-member MPC voted…
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The dollar extends weakness in early Thursday’s trading, following a post-Fed’s drop in a typical ‘buy the rumor, sell the fact’ action. The US central bank was more hawkish that expected with decision to accelerate tapering its bond…
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Cable edged higher in European trading on Tuesday, underpinned by strong UK jobs data for October, but upticks were so far limited as near-term action remains weighed by thick weekly cloud. Also, fragile political situation in the UK, on…
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The dollar remains bid vs yen despite risk aversion on growing Omicron fears and moving in the upper side of near-term range in early trading on Tuesday. Daily chart shows the action supported by rising and thickening daily cloud (top of…
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The USDTRY fell around 6% on Monday, following an initial rally to the new all-time high near 15.00 marks and subsequent quick pullback, sparked by CBRT’s intervention. The Turkish central bank intervened for the fourth time in two weeks…
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