Windsor News & Research Blog - Forex & CFD Market Analysis

GBPUSD kept positive tone in early Thursday, after being boosted by weaker dollar on dovish Fed on Wednesday and accelerated higher on more hawkish than expected Bank of England. Fresh strength emerged from 1.2500 zone where recent…
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The Bank of England’s Monetary Policy Committee voted 6-3 to maintain interest rates at 5.25%, which is a 15-year high. This decision was in line with expectations. The BoE emphasized that borrowing costs need to remain high for an…
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Gold extended recovery on Thursday, following 2.4% rally on Wednesday (the biggest one-day gains since Oct 13), sparked by dovish Fed. Strong bounce is forming reversal pattern on daily chart and generates initial signal of an end of…
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The Euro stands at the front foot on Thursday, supported by weaker dollar, which got under increased pressure after the Fed signaled and end of a tightening cycle and rate cuts in 2024. Extended recovery from 1.0723 (correction low) hit…
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The dollar index remains firmly in red and holding near fresh four-month low in early trading on Thursday, following post-Fed 1.2% fall on Wednesday (the biggest daily drop since Nov 14). The greenback was deflated by signals that the…
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The Federal Reserve is widely expected to keep interest rates unchanged for a third consecutive time. However, there is an anticipation that the central bank will signal a cautious approach to any future monetary policy easing,…
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USDTRY hit new record high in the latest acceleration above 29 mark, signaling resumption of larger uptrend which was paused for a narrow consolidation in past two weeks. Lira continues to trend lower despite recent U-turn in CBRT’s…
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WTI oil price hit new multi-month low on Wednesday morning, in extension of Tuesday’s nearly 4% drop which fully reversed recovery of past three days. Larger bears regained full control after limited correction and signal continuation of…
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The data released on Wednesday indicate that the UK economy contracted in October, with gross domestic product falling by 0.3% from September. This marks the first month-on-month contraction since July, contrary to expectations for no…
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Cable edged lower on sub-forecast Uk November earnings which adds to talks about possible rate cuts, although the BoE signals that cuts are still not on the table, with hawkish hold expected on Thursday’s policy meeting. Near-term…
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