Windsor News & Research Blog - Forex & CFD Market Analysis

Canada's economy added a net of 37,300 jobs in January, surpassing expectations. This positive employment trend is likely to influence the Bank of Canada's (BoC) decisions regarding interest rates. The unemployment rate in Canada…
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USDJPY rallied on Thursday (up 0.80% until early hours of the US session) as BoJ kept dovish stance in rate talks which deflated yen, while dollar appreciated from growing signs that the Fed would slow the action towards rate cuts in 2024.…
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AUDUSD eased below 0.6500 mark (cracked Fibo 61.8% of 0.6270/0.6871 rally) on Thursday, deflated by softer than expected China inflation data. Fresh weakness emerged after recovery attempts from 0.6468 (new 2024 low, posted on Feb 5)…
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Bitcoin regained traction and climbed for the third consecutive day, with the price holding at the highest in nearly one month on Thursday. Break above a week-long consolidation range signals continuation of broader recovery leg from…
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China's inflation fell 0.8% in January from a year earlier, compared to 0.3% drop previous month and more than expected 0.5% decline. January’s figure showed that annualized consumer prices were in a steepest decline since 2009, while…
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Short-term action remains in a sideways mode after the metal’s price spiked to new record high ($2141) in early December, holding within $1973/$2088 range, but mainly above psychological $2000 level, which adds to positive bias. Gold is…
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WTI oil price extends recovery from new multi-week low ($71.40) into third consecutive day. Profit-taking after last week’s 8.1% drop was contained by 200WMA, lifted the price along with lower than expected increase in US crude…
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German industrial production fell in December by 1.6%, after contracting by 0.2% previous month and well below forecast for 0.4% fall. December’s figure marks the seventh consecutive monthly decline in German industrial production and…
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Strong post-NFP rally (USDJPY was up 1.6% in past two days) faced increased headwinds at strong resistance at 148.80 (Jan 19 peak) and ahead of next significant barriers at 149.00/15 (psychological / Fibo 76.4% retracement of 151.90/140.25…
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Australia's central bank held interest rates unchanged at twelve-year high at 4.35% but warned that a further rate hikes could not be ruled out as inflation is still elevated. Comments from the central bank signal that the policymakers…
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