Windsor News & Research Blog - Forex & CFD Market Analysis

Persistent downturn in the dominant services industry signals that contraction in euro zone business activity continued and indicates the bloc's economy was in recession. Eurozone Composite Purchasing Managers' Index (PMI) was revised…
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Gold price edged higher on Thursday morning, after a four-day pullback from $2088 (Dec 28 high) found a footstep at $2030 (50% retracement of $1973/$2088 upleg). This points to initial signal of a healthy correction of larger uptrend, as…
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WTI oil price rose further in early Thursday’s trading, in extension of 3.5% rally on Wednesday, the biggest daily gain since Nov 17. Worsening fundamentals on closure of one of the largest oil fields in Libya and increased tensions…
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The Federal Reserve's stance on interest rates is a significant point of uncertainty as we enter 2024. The latest details on this matter may emerge from the readout of the last policy meeting of 2023, which took place in mid-December.…
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Bitcoin started 2024 trading with gap-higher opening and surged near $46000, the highest levels since April 2022. Fresh rally was sparked by growing optimism that US securities regulator would soon approve exchange traded spot bitcoin…
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The dollar index accelerated higher on the first trading day in 2024, extending bounce from five-month low of Dec 28 (100.30) into third consecutive day. Traders collected some profits from the broader downtrend, pushing the dollar’s…
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EURUSD keeps negative tone in the first trading day of 2024 and extends pullback from a multi-month high (1.1139) into third consecutive day. Break through initial support at 1.1041 (Fibo 23.6% of 1.0723/1.1139 upleg) extended through…
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AUDUSD continues to trend higher and hit its highest point in five months, during European trading on Wednesday. Lift above the upper boundary of a larger bull channel generated bullish signal which was reinforced by Tuesday’s close…
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US inflation, as measured by the personal consumption expenditures price index, fell 0.1% last month after being unchanged in October, while annualized PCE price index increased 2.6% after rising 2.9% in October, when it fell below 3%…
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EURUSD keeps firm tone on Friday and probes through Nov 29 peak at 1.1017, following Thursday’s 0.65% advance, which registered the first daily close above psychological 1.10 barrier since early August. Fresh sales of the US dollar ahead…
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