Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro rose to the upper side of near-term congestion on Friday, after hitting new marginally lower low of larger downtrend from 1.1139 (Dec 28 peak). Today’s bounce points to still strong bids, although without sufficient bullish…
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The US economy grew faster than expected in the fourth quarter, driven by strong consumer spending, increased exports, more government spending, and a pickup in business investment. The gross domestic product increased at a 3.3%…
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The European Central Bank kept interest rates unchanged, in line with expectations and repeated it will continue to fight inflation, but remained completely silent regarding potential policy easing, which markets widely expect to start…
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German business morale extended decline for the second consecutive month in January, as Europe's largest economy struggles to recover from a recession, which adds to growing fears of prolonged weakness. German Ifo institute’s business…
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EURGBP rose in early Thursday’s trading, adding to initial signal of formation of reversal pattern on daily chart, after Wednesday’s action ended in long-legged Doji candle, signaling indecision. Oversold studies contributed to fresh…
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WTI oil remains at the front foot and trading near one-month high, posted on Wednesday, after release of crude inventories report. Much stronger than expected drop in US crude stocks, mainly caused by bad weather, added to existing…
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The Bank of Canada decided to keep its key overnight rate at 5%, in line with expectations, holding rates steady for four consecutive policy meetings following the last hike in July. The focus of the governing council's discussion is…
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The Euro jumped to one-week high against dollar, advancing 0.75% by early US trading on Wednesday, driven by renewed risk appetite. Fresh bulls emerged after top of rising daily cloud and 200DMA (1.0851/43) contained dips for the fourth…
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Eurozone services PMI fell to a three-month low of 48.4 in January from December's 48.8, dipping well below forecasts for an uptick to 49.0. Manufacturing PMI bounced to 46.6 this month from 44.4 in December, well above 44.8 consensus.…
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Bitcoin bounced from new multi-week low (38501) early Wednesday, after the acceleration lower in past two days was contained by rising 100DMA. Partial profit-taking lifted the price, but near-term risk remains shifted to the downside,…
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