Windsor News & Research Blog - Forex & CFD Market Analysis

The US economy experienced slower growth in the first quarter of the year than initially estimated, with GDP increasing at an annualized rate of 1.3%, down from the previously reported 1.6%. This is a significant decline from the 3.4%…
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Turkish lira performed a bit better vs US dollar in May but remains within broader range above new record low. USDTRY stays in prolonged sideways mode, with persisting risk of fresh rise, as fundamentals work against Turkey’s currency…
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The Euro is consolidating in early Thursday, following a sharp fall on Wednesday (the pair was down 0.5% in the biggest daily loss since Apr 30), driven by fresh risk aversion. Bears found a footstep above strong supports at /1.0790/80…
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Bitcoin stands at the back foot following repeated failure to clear psychological 70K barrier, though near-term action is still holding within a range (66915/71933), part of larger consolidation below new record high and moving in a…
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The preliminary data indicating a slight rise in German inflation to 2.8% in May, higher than the forecasted 2.7%, signals persistent price pressures in Germany, the EU's largest economy. This uptick follows a 2.4% increase in consumer…
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WTI oil price rose further on Wednesday, extending advance into fourth straight day, following strong acceleration on Tuesday, which resulted in a daily gain of 2.1% and close above important barriers at $79.83/$80.00 (200DMA /…
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USDJPY attempts to break above near-term narrow range and sustain gains after Tuesday’s marginal close above pivotal Fibo barrier at 157.01 (61.8% of 160.19/151.85 pullback), where attacks repeatedly failed last week. Technical signals…
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Cable firmed in early Wednesday’s trading after hitting nine-week high on Tuesday (1.2800), but subsequently pulling back on unexpectedly strong rise in US consumer confidence in May, which temporarily inflated dollar. Broken Fibo…
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The GBPJPY cross continues to trend higher and establishing above 200 mark (Monday’s close above this level was the first since Aug 2008). Bulls cracked barrier at 200.50 (Apr 29 spike high), with sustained break here to open way for…
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The Euro keeps firm tone on fading hopes for ECB rate cut, with markets focusing on tomorrow’s release of German inflation data (annualized CPI expected to rise in May). The bull leg off higher low at 1.0805, where 100DMA contained…
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