Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar holds in red for the second straight day and extends weakness after last week’s recovery was strongly rejected on Friday. The Aussie is pressured by falling iron ore prices, Australia’s biggest export earner, and new…
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Monday’s Doji candle signals directionless near-term action after last week’s recovery was capped by psychological 1.40 barrier and subsequent weakness found footstep at 1.3868 (Fibo 61.8% of 1.3786/1.4001 upleg). Rising and thickening…
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The dollar regained traction on Monday after two-day pullback from new three-month high (111.11) found strong bids at 110.50 (rising 10DMA) zone, with Friday’s long-tailed candle pointing to downside rejection. Bullish daily studies…
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The Euro remains in a choppy mode as the action stays capped under thick daily cloud, with long upper shadow on Friday’s candle pointing to strong upside rejection and keeping the downside vulnerable. Bearish setup of daily moving…
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The US Federal Reserve’s main inflation gauge – core PCE price index – rose to 3.4% in May from 3.1% in April, posting its biggest annual increase in almost 30 years, with inflation being boosted by increased demand for services and supply…
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The Australian dollar rose to one-week high (0.7602) on Friday, lifted by fresh risk appetite as initial enthusiasm on hawkish Fed started o fade, as US policymakers remain split on risk view over surging inflation and large jobs deficit.…
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Cable remains in red for the second day, as dovish BoE faded hopes that the central bank would send initial signals of earlier than expected start of policy tightening due to surging inflation. Reversal pattern is forming on daily chart…
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The Euro is standing at the front foot on Thursday, inflated by upbeat German data and lower but above expectations US weekly jobless claims which increased pressure on dollar. The single currency regained traction after two-day bounce…
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The Bank of England, as widely expected, kept its benchmark interest rate at a record low and kept the size of its stimulus program unchanged in its June policy meeting. The central bank opted to stay on hold and see if jump in inflation…
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German business sentiment rose above expectations in June and hit the highest level since November 2018, driven by rising optimism about further economic recovery acceleration in the second half of the year. The Ifo institute index rose…
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