Windsor News & Research Blog - Forex & CFD Market Analysis

US Producer Price Index contracted by 0.1% in August after growing by 0.7% previous month (downwardly revised from 0.9%) and fell below consensus for 0.3% rise. Annualized PPI grew by 2.6% last month, well below 3.3% forecast and July’s…
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USDJPY regained traction on Wednesday, after spiking to the lowest in nearly one month on Tuesday. Strong downside rejection formed a bear trap pattern (under daily cloud base), as well as Hammer candle (Tuesday), adding to developing…
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EURUSD extended pullback on early Wednesday, following nearly 0.5% drop on Tuesday, but fresh bears were so far limited despite initial negative signal on formation of bearish engulfing pattern on daily chart. Initial Fibo support at…
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Gold rose to new record high ($3659) in early Tuesday’s trading, after strong acceleration on Monday (up 1.5%) which resulted in break and close above psychological $3600 barrier. The latest economic data from the US showed that labor…
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US nonfarm payrolls strongly disappointed by adding only 22,000 jobs in August, compared to upwardly revised 79,000 previous month and falling well below expectations for 75,000 rise. The same report showed rise in unemployment to 4.3%…
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WTI oil remains in red for the third consecutive day and holding near two-week low on Friday, deflated by signals that OPEC+ will announce further production increase in its meeting over the weekend and unexpected rise in US crude…
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Hiring in US private sector rose below expectations in August, adding to growing concerns about slowdown in the US labor market. The ADP National Employment Report showed that private sector added 54,000 jobs last month, compared to…
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Gold edged lower in early Thursday on partial profit-taking from the steep rally in past seven days, which broke above $3500 and hit new record high at $3578, advancing over 7% from the Aug 20 higher low at $3310 and gaining around 2% on…
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The US Manufacturing PM, which accounts for 10.2% of the economy, rose to 48.7 in August from 48.0 previous month, but disappointed expectations for rise to 49.0. Although the Index advanced last month it remained below 50 threshold,…
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Eurozone inflation picked up to 2.1% in August from 2.0% in July, in line with expectations, but remained close to the European Central Bank's 2% target, adding to market bets that the central bank will keep interest rates…
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