Windsor News & Research Blog - Forex & CFD Market Analysis

EURUSD was a tad higher on Friday morning following nearly 0.8% drop on Thursday, when the Euro was deflated by soft EU inflation numbers which may add to ECB’s dovish stance in the near future. Additional pressure came from stronger…
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WTI oil price rose above $79 for the first time in two weeks on Thursday, as fresh bullish acceleration extends into third consecutive day. The OPEC+ decided to extend its supply cuts in 2024, as the cartel met today, after meeting…
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US consumer spending increased moderately in October, rising by 0.2%, following a more substantial 0.7% gain in September. Consumer spending is a significant contributor to US economic activity, representing over two-thirds of the total.…
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Eurozone inflation experienced a more significant decline than expected, falling from 2.9% in October to 2.4% in November. This drop was below the anticipated 2.7%, with almost all items contributing to the decline, except for unprocessed…
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Cable eases from new three-month high in European trading on Thursday, as daily Doji candle on Wednesday signaled indecision and overbought daily studies prompted a partial profit-taking. Failure to register a daily close above 1.2719…
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Gold prices eased from new highest level in over six months on Wednesday as investors collected some profits from the latest acceleration in past four days. Overbought daily studies also contributed to such decision, although dips were…
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The US economy grew faster than expected in the third quarter of 2023, with the Gross Domestic Product increasing at an annualized rate of 5.2%, revised up from the initially reported 4.9% and beating 5.0% forecast This growth rate was the…
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USDJPY bounces from new ten-week low on Wednesday, as bears faced headwinds on probe through the base of daily cloud (147.38) and from 100DMA (146.97). Fresh jump was sparked by dovish comments from BoJ policymaker, who said that it is…
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EURGBP remains in red for the fifth consecutive day and fell to the lowest I six weeks on Wednesday. The pair is trending lower within thick daily cloud, as break of pivotal supports at 0.8661 (Fibo 38.2% of 0.8492/0.8765) and 0.8650…
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EURUSD is consolidating under new multi-week high on Wednesday, after bulls cleared pivotal Fibo resistance at 1.0959 (61.8% of 1.1275/1.0448 downtrend) and cracked psychological 1.10 barrier. The Euro received fresh support from…
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