Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil traded within a narrow range on Friday as steep fall of past six days started to run out of steam. Oil came under increased pressure from recent decision of OPEC+ to further increase production, darkened economic outlook after US…
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The Bank of England cut interest rates by 25 basis points to 4%, in its August policy meeting on Thursday but policymakers faced difficulties reaching consensus. The Monetary Policy Committee members voted 5-4 for rate cut, as four…
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Gold price rose on Thursday morning as new packages of increased US import tariffs took effect, adding to high global uncertainty and prompting investors into safety. Fresh rise cracked strong resistances at $3400 zone (Fibo 76.4% of…
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EURUSD jumped on Wednesday, extending post-NFP recovery leg which paused in past two days after sharp rally last Friday. Bulls resumed after consolidation, to hit one-week high and marking almost 61.8% retracement of 1.1788/1.1391 drop,…
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Cable dipped during early European trading on Wednesday, deflated by weak UK data (July Construction PMI fell to the lowest since 2020), although the price holds within the range that extends into third consecutive day (long-legged Doji…
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The economic data released on Tuesday showed that business activity in the euro zone grew at a slightly faster pace in July compared to previous month but remained sluggish due to weak demand. The Eurozone Composite Purchasing Managers'…
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WTI oil extends steep fall into third consecutive day to almost fully retrace last week’s $64.99/$70.50 rally. Oil came under pressure after repeated upside failure at $70 zone (psychological / daily Ichimoku cloud top), with latest…
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The dollar index edged higher on Monday morning after losing almost 1.5% on Friday (the biggest daily loss since Apr 10). Disappointing US NFP data in July and strong downward revision of previous month’s figure, as well as higher…
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Gold price was sharply up on Friday, gaining around 1.5% after US labor data soured the sentiment and sparked fresh migration into safety. Much weaker than expected job growth in July and strong downward revision of previous month’s…
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US nonfarm payrolls increased by 73,000 jobs in July, falling well below forecast at 110,000 and against disappointing downwardly revised June’s figure to 14,000 from initial release at 147,000. Unemployment ticked up to 4.2% last month…
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