Windsor News & Research Blog - Forex & CFD Market Analysis

The recent data on US durable goods orders paints a positive picture for the economy, indicating a stronger-than-expected increase of 1.4% in February, surpassing the forecast of 1.1%. Although there was a downward revision in January's…
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WTI oil price is holding within a tight range on Tuesday and consolidating Monday’s 1.40% advance, sidelined by mixed fundamentals. Supply concerns following recent attacks on Russian oil installation, which may cause longer disruptions…
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Gold price jumped on Tuesday and retested psychological $2200 barrier, inflated by weaker dollar on improved sentiment about Fed rate cuts and persisting geopolitical risks. Market awaits release of US inflation data, due later this…
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Cable remains constructive in early Tuesday’s trading, after it was lifted by better than expected UK data on Monday and fading expectations for BOE rate cut in May. Fresh recovery was also underpinned by a double downside rejection at…
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Recovery from correction low ($60688) extends into third consecutive day and accelerates on Monday, adding to signals that corrective phase from new record high ($73839) might be over. Fresh advance rose above 61.8% Fibonacci retracement…
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Bulls are taking a breather and consolidating just under key barriers at 150.90/94 (2023/22 tops) after strong rally in past two weeks. USDJPY was inflated by a wide gap between US and Japan’s interest rates, with no positive impact from…
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The dollar index advances for the second consecutive day and hit three-week high on Friday, also on track for the second weekly gain. Dollar’s bullish stance was boosted by persisting gap in interest rate settings between the Fed and its…
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Gold price eases further on Friday, extending pullback from new record high $2222 (posted on Thursday) after a strong upside rejection on probe above psychological $2200 barrier. The yellow metal came under increased pressure from…
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Cable was sharply down on Thursday (losing almost 1% so far) after BoE’s dovish shift deflated sterling while better than expected US data gave fresh boost to the dollar. Fresh weakness has fully reversed recovery of past two days and…
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The Bank of England left interest rate unchanged at its 16-year high at 5.25%, in a widely expected decision, but signaled that improving economic conditions add to hopes for the start of cutting rates later this year. The MPC members…
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