Windsor News & Research Blog - Forex & CFD Market Analysis

Gold price accelerated lower on Friday (down 1.7% so far), weighed by stronger dollar and profit-taking on overbought daily studies. Pullback from new record high ($2483) was anticipated, due to significance of psychological $2500…
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Australian dollar continues to trend lower vs its US counterpart for the fifth consecutive day, on track for the biggest weekly loss since the second week of April. Bears have so far retraced 50% of 0.6575/0.6798 upleg and look for daily…
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USDJPY remains constructive on Friday and attempts to further extend Thursday’s strong bounce, with recovery being supported by signals of a double bear-trap, following a false break below pivotal Fibo support at 156.04 and thin daily cloud…
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The dollar index extends recovery into second straight day, with strong bounce from new four-month low (103.31) on Thursday, being fueled by fresh risk aversion on global cyber outage, which hit financial centers, banks, airlines and many…
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Cable remains in red for the second consecutive day and extends pullback from new one-year high (1.3044). Weaker than expected UK retail sales increase pressure on sterling and add to bets for BoE rate cut in August (currently at 44%).…
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British retail sales dropped by 1.2% in June after a 2.9% jump in May and missed forecast for 0.6% fall. Annualized figure showed that retail sales fell by 0.2% in 12 months to June, after May’s 1.7% rise and fell below forecast for 0.2%…
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EURUSD eases further from new multi-week high (1.0948) as markets digested ECB’s decision to stay on hold and repeat its mantra that future action will be dependent on incoming economic data. On the other hand, confidence that the ECB…
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The European Central Bank (ECB) maintained its interest rates on Thursday, aligning with expectations and refrained from signaling its next move, citing persistent domestic price pressures and anticipated above-target inflation well into…
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USDJPY was sharply down on Wednesday (down 1.3% during the European / early US session), with markets suspecting another intervention, after Japan’s authorities intervened in the market and pushed yen away from the lowest levels in nearly…
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Cable surged through psychological 1.30 barrier and hit its highest in one year on Wednesday, after hotter than expected UK June inflation data tempered expectations for first BoE rate cut in next month policy meeting. Fresh strength…
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