Windsor News & Research Blog - Forex & CFD Market Analysis

The pair surged above 1.35 barrier, hitting levels last traded in early January, after Bank of Canada kept interest rates unchanged at 1.75% but changed rhetoric about need for future rate hikes and lowered its growth forecast for 2019.…
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WTI oil price consolidates under new 2019 high at $66.58 (posted on Tuesday) as bulls started to reduce pace on reports that oil markets remain adequately supplied, despite sanctions on Iran and OPEC+ output reduction. Surprise build of US…
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The pair holds within narrow range on Wednesday, as daily techs remain mixed and awaiting more signals from BoJ on Thursday and US GDP data on Friday. Tuesday’s strong downside rejection at 111.65 (session low in Asia on Tuesday / Fibo…
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The Euro bounced back above 1.12 handle after dipping to 1.1194 on weaker than expected German Ifo data (99.2 vs 99.9 f/c) in early European trading on Wednesday. Tuesday’s strong bounce from three-week low at 1.1192 and failure to close…
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Cable hit new two-month low at 1.2914 on Wednesday, in extension of previous day’s strong fall, mainly driven by rallying dollar and soured sentiment on no substantial changes in stalled Brexit talks. Tuesday’s break and close below key…
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The Aussie dollar fell to new multi-week low at 0.7027 in Asia on Wednesday, down nearly 1% for the session after release of Australian inflation data. Q1 CPI miss (q/q 0.0% vs 0.2% f/c; y/y 1.3% vs 1.5% f/c) increases risk of RBA rate cut…
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The Euro accelerated lower in mid-European / early US trading, coming under increased pressure on dollar’s rally across the board, as dollar bulls tighten grip. Fresh weakness broke below pivotal support at 1.1226 (18 Apr higher low) and…
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The Swiss franc was sharply down and losing 0.76% for the day, until now, as renewed risk-on mode props the dollar. The pair extends strong last week’s rally (up 1.33% for the week) and broke above 1.02 barrier for the first time since…
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WTI oil eases from new 2019 high at $66.17, as dollar rallies at the beginning of US session on Tuesday. Oil prices received strong boost from decision of the US administration to end temporary exemptions on buying Iranian oil. Signal of…
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The Aussie dollar extends bear-leg from 0.7205 on Tuesday and broke through important supports at 0.7128 (20SMA / Fibo38.2% of 0.7003/0.7205) and 30SMA (0.7116). Reduced risk appetite on weaker Chinese equities and firmer greenback, add to…
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