Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro edged higher on Thursday morning and partially reversed a two-day pullback from new multi-week high (1.0915), but today’s action was so far choppy and lacking direction, as traders await the verdict from the ECB later today. The…
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The dollar index accelerated higher on Wednesday, following much stronger than expected US services PMI data (May 53.8 vs 51.0 f/c and Apr 49.4) which signaled that services sector returned to growth (May figure hit the highest in nine…
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Gold price edges higher early Wednesday, bouncing off the floor of near term range and remaining without clear direction as markets await fresh signals from key economic events this week. Conflicting technical indicators on daily chart…
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USDJPY fell to the lowest in nearly three weeks on Tuesday, in extension of the bear-leg from 157.70 (May 29 lower top) driven by weaker dollar on signals of potential earlier Fed rate cut and comments from Japan’s officials about results…
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WTI oil price remains in a steep fall for the fifth consecutive day, losing over 1% and hitting new four-month low in early Tuesday’s trading, after 3.8% drop on Monday (the biggest daily fall since Nov 16). The sentiment soured on…
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AUDUSD stands at the front foot on Monday and extends advance into third straight day, pressuring pivotal barrier at 0.6680 (recent range ceiling). Fresh strength further improves near term outlook, boosted by positive signal from…
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The Euro started to lose traction in European trading on Monday, adding to initial warning from Friday’s daily candle with long upper shadow, which was formed after strong upside rejection. Initial signal of two-day recovery stall was…
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Consumer prices in the Eurozone rose by 2.6% year on year in May, moving further away from the ECB's 2% target, following an increase by 2.4% in the previous two months and ticked above 2.5% consensus. A more significant and closely…
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China’s official manufacturing purchasing managers' index (PMI) dropped to 49.5 in May from 50.4 in April and missed forecast at 50.4, hitting the levels below the 50 level, which separates growth from contraction. The unexpected…
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Strong acceleration lower pushed the USDCHF to two-week low on Thursday. Swiss franc advanced nearly 1% until early US trading, marking the biggest one-day gain since late December, underpinned by better than expected Swiss Q1 GDP…
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