Windsor News & Research Blog - Forex & CFD Market Analysis

Cable hit new four-month high in European trading on Thursday, lifted by better than expected UK May GDP numbers, which poured cold water on expectations for BoE rate cut next month. Fresh strength broke through pivotal barriers at…
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UK gross domestic product increased by 0.4% month on month in May, after a 0.2% rise in April and beat forecast for 0.2% monthly increase. The Bank of England expected the economy would grow by 0.5% over the second quarter - something…
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Gold price rose on Wednesday, lifted by the latest comments from Fed Chair Powell, which warmed up expectations rate cut, after the central bank postponed the start of policy easing several times. Powell’s testimony on Tuesday provided…
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USDTRY- fresh advance after a shallow correction reclaims 33 mark and comes close to new record high at 33.13, posted on June 25. Lira remains under strong pressure, mainly due to high inflation (over 70%) and big trade deficit, with sharp…
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NZDUSD was sharply lower during Wednesday morning (down almost 1% for the session) deflated by the Reserve Bank of New Zealand’s dovish stance. The central bank left interest rates unchanged at 5.5%, as widely expected, but signaled that…
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WTI oil price is easing for the third day, correcting lower from new multi-week high ($84.50, the highest since mid-Apr). Bulls lost traction after milder than expected impact of the hurricane on oil installations in the Gulf…
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Cable is holding within a narrow range under new multi-week high during European trading on Tuesday, as markets await today’s key event - the testimony of Fed Chair Powell. Long upper shadow of Monday’s daily candle and overbought…
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Larger bears are pausing for consolidation for the fourth straight day, holding above the lowest levels since late February. Technical picture on daily chart remains firmly bearish, with consolidation being capped by 200 DMA, converging…
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EURUSD opened with gap-lower on Monday  but dip was short-lived and larger bulls regained control and pushed the price towards last Friday’s new multi-week high (1.0842). Today’s dip was contained by psychological 1.0800 support (also…
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Closely watched employment report from the US Labor Department's Bureau of Labor Statistics showed that US Nonfarm payrolls increased by 206,000 jobs in June, above expected 190,000 rise and against May’s downwardly revised figure to…
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