Windsor News & Research Blog - Forex Market Analysis & Trading Insights

Cable remains in red for the second consecutive day and extends pullback from new one-year high (1.3044). Weaker than expected UK retail sales increase pressure on sterling and add to bets for BoE rate cut in August (currently at 44%).…
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British retail sales dropped by 1.2% in June after a 2.9% jump in May and missed forecast for 0.6% fall. Annualized figure showed that retail sales fell by 0.2% in 12 months to June, after May’s 1.7% rise and fell below forecast for 0.2%…
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EURUSD eases further from new multi-week high (1.0948) as markets digested ECB’s decision to stay on hold and repeat its mantra that future action will be dependent on incoming economic data. On the other hand, confidence that the ECB…
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The European Central Bank (ECB) maintained its interest rates on Thursday, aligning with expectations and refrained from signaling its next move, citing persistent domestic price pressures and anticipated above-target inflation well into…
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USDJPY was sharply down on Wednesday (down 1.3% during the European / early US session), with markets suspecting another intervention, after Japan’s authorities intervened in the market and pushed yen away from the lowest levels in nearly…
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Cable surged through psychological 1.30 barrier and hit its highest in one year on Wednesday, after hotter than expected UK June inflation data tempered expectations for first BoE rate cut in next month policy meeting. Fresh strength…
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British inflation was unchanged at 2.0% in June, missing forecasts for a slight fall (1.9%), with strong underlying price pressures hurting bets for the Bank of England’s first rate cut since 2020 in the next month’s policy meeting.…
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Gold hit new record high early Wednesday ($2482), following acceleration through former top on Tuesday (metal was up 1.9% for the day, the biggest daily gain since Dec 13). Break above previous all-time high ($2450) signaled an end of…
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WTI oil price fell nearly 2% on Tuesday, on track for the biggest daily loss since June 3, as growing worries about weaker demand from China and more signals for Fed September rate cut, soured sentiment. Fresh bears hit the lowest in…
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The unchanged retail sales in June, despite expectations of a decline, suggest a stronger underlying trend in consumer spending which could positively influence economic growth estimates for the second quarter. This stable performance…
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