Windsor News & Research Blog - Forex & CFD Market Analysis

EURUSD bounced sharply on Friday, with fresh strength being boosted by downbeat US labor data. The pair was up 1.2% for the day (the biggest one-day rally since March 2016) and about to fully retrace the bear-leg of past two weeks…
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The recent US job growth data for July presents a concerning picture of the labor market, with nonfarm payrolls increasing by only 114,000 jobs, significantly below economists' expectations of 176,000. This follows a downwardly revised…
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USDJPY fell sharply (down 1% in immediate reaction to US jobs data) after US NFP dipped well below expectations in July (114K vs 176K f/c), while June’s figure was revised down to 179K from initial 206K. Unemployment unexpectedly rose to…
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GBPJPY continues to trend lower and fell to the lowest levels since mi-March during European session on Friday. The cross remains in a steep downtrend from 208.11 (July 11 peak, the highest since Aug 2008), fueled by renewed strength of…
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Cable remains in red in early Friday, following Thursday’s 0.9% drop (the biggest daily loss since Apr 10) as fresh risk aversion deflated sterling. Bears extended to one-month low but find a footstep at 1.2706 (top of thick ascending…
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Gold price edged higher on Thursday and hit two-week high ($2462), but with warning that the latest upleg from $2353 may stall, as daily action was so far shaped in long-legged Doji. Overbought conditions on daily chart suggest that…
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Cable traded in a choppy mode with limited downside after BOE rate cut and regained traction on much higher than expected US jobless claims. The pair returned above 1.2800 mark after hitting the lowest in almost one month (1.2750), with…
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The Bank of England cut interest rates by 25 basis points to 5% on Thursday, in line with forecasts, after British consumer price inflation returned to the BoE's 2% target in May and stayed there in June, down from a multi-decade high of…
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USDJPY remains firmly in red and extends steep fall through psychological 150 support, hitting the lowest since mid-March in early Thursday’s trading. The dollar was deflated by dovish Fed, as the central bank kept interest rates…
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GBPJPY extends steep downtrend by dropping 1.7% on Wednesday and on track for the biggest daily drop since 12 July 2023, after BOJ rate hike further boosted yen, while sterling remains deflated by growing expectations that BoE would deliver…
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