Windsor News & Research Blog - Forex & CFD Market Analysis

US Federal Reserve Chairman Jerome Powell, in his speech last Friday, said that the risks of slowing the economy too much versus not raising interest rates enough to control inflation have become more balanced, indicating the Fed's…
Read More...

WTI oil price fell further and hit two-week low on Monday, as fresh weakness after last Thursday’s strong upside rejection and bull-trap above 200DMA extend into third straight day. Last week’s recovery attempt stalled as markets were…
Read More...

Gold spiked to new record high above $2100 in early Monday, in reaction to the comments from Fed Chair Powell on Friday, who said that current level of interest rates is sufficient to complete the task in putting inflation under control and…
Read More...

EURJPY remains in red and holding near three-week low on Friday, on track for the first weekly loss in five week and the biggest drop since the second week of March. Initial signal of larger rally stall was also generated by November’s…
Read More...

EURGBP continues to trend south and hit new 3 ½ month low on Friday, in extension of steep and uninterrupted downtrend from 0.8765 (Nov 16 peak). The pair is on track to complete the second week of heavy losses, after November’s close in…
Read More...

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…
Read More...

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…
Read More...

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.…
Read More...

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…
Read More...

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…
Read More...