Windsor News & Research Blog - Forex & CFD Market Analysis

AUDUSD advances for the second day, underpinned by weaker US dollar and higher iron ore prices. The pair hit two-week high and pressure key barriers at 0.6600 zone (near-term range top / Fibo 38.2% of 0.6871/0.6442 descend / 55DMA).…
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Gold hit new record high in early Thursday’s trading, continuing to trend higher in a steep rally which extends into seventh consecutive day. The metal continues to benefit from global economic and geopolitical uncertainty and signals of…
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The Bank of Canada kept its key overnight interest rate unchanged at 5%, in line with expectations. Policymakers stressed that elevated underlying inflation continues to keep on hold expectations for the start of policy easing and pushed…
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USDJPY dips below 150 support and is on track for clear break lower after the pair was hanging above this level for more than two weeks. Yen gained traction on signals may decide to start raising interest rates, with the most optimistic…
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Australian gross domestic product (GDP) rose 0.2% in the fourth quarter, compared with an upwardly revised 0.3% expansion in the third quarter and missing forecasts of 0.3%. Annualized figure showed that growth slowed to 1.5% in Q4, down…
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The dollar index holds in red but within a narrow range in early Wednesday, as traders reduce speed ahead of today’s key events, US labor data and the speech of Fed Chair Powell. Weaker than expected US services PMI in February, released…
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Cable extends the bull-leg from 1.2599 higher low into third straight day and broke above significant barriers at 1.2700 zone (Fibo 61.8% of 1.2827/1.2518 / daily cloud top). Positive near-term sentiment received fresh boost from weaker…
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Steep rally extends into the fifth straight day on Tuesday, after the metal closed above $2100 level for the first time in history on Monday. Strong demand for safe haven bullion was sparked by further drop in the activity in US…
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USDJPY edged lower in late Asian / early European trading on Tuesday, following release of Tokyo CPI data which showed inflation jumping in February (2.5% from 1.8% previous month) and adding to expectations that the Bank of Japan may start…
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The Euro stands at the front foot on Monday following Friday’s advance which closed above the cluster of converged daily moving averages (200 / 10 / 100 DMA’s) and formation of bullish engulfing pattern, but bulls continue to face headwinds…
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