Windsor News & Research Blog - Forex & CFD Market Analysis

The US central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true picture of what is happening to underlying price pressures, Federal Reserve Chair Jerome Powell said on…
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WTI oil price rose to nine-week high on Tuesday, in extension of strong Monday’s strong rally (up almost 2.5% for the day). Increased demand due to summer driving season and persisting supply fears on heated geopolitical situation…
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Eurozone inflation slowed slightly to 2.5% in June from the previous month's 2.6%, aligning with expectations. However, core inflation remained unchanged at 2.9%, slightly above the 2.8% consensus forecast. This persistence in core…
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USDJPY rose further on Monday, signaling continuation after bulls paused for consolidation on Thu/Fri. Although traders remain cautious over looming intervention, after Japanese authorities reiterated their stance of intervening again to…
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EURUSD - post-French election rally was so far capped by thickening daily cloud EURUSD opened with gap-higher and rose to three-week high in early European trading on Monday, lifted by results of the first round French…
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GBPJPY remains in an unobstructed uptrend and hit new multi-year high (the highest since 2008) in early Monday. The cross extends steep ascend into eleventh straight day, after registering the sixth consecutive monthly gain in June.…
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Cable edged higher in European trading on Friday ahead of release of US inflation data, today’s key economic event, with better than expected UK Q1 GDP numbers adding to improving sentiment. Technical picture shows conflicting signals…
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The latest data shows that the UK's GDP growth of 0.7% in Q1 2024 exceeded expectations and marked an exit from recession. Despite this positive economic performance, the broader economic conditions remain fragile, primarily due to low…
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The dollar index fell on Thursday, following overall slightly better than US data and warning from Japan’s authorities about possible action against sharp fall of yen. The US economy grew by 1.4% in Q1 vs expected 1.3% rise, weekly…
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Near-term action remains in bearish mode and cracks first pivot at $28.65 (June 13 low), with pressure on nearby other key supports at $28.49 and $28.25 (Fibo 38.2% retracement of $26.00/$32.51 / daily cloud base, respectively).…
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