Windsor News & Research Blog - Forex & CFD Market Analysis

Britain’s Purchasing Managers’ Index data, a gauge of the manufacturing and services industries, dropped well below expectations in May, warning that the economy slowed more than expected. Downbeat May figures, accompanied with rising…
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The Euro keeps firm tone in early Tuesday and rises above 1.07 mark, in extension of Monday’s 1.2% rally. Fresh risk appetite and hawkish comments from the ECB underpin recovery, but so far positive fundamental factor is weighed by…
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The European Central Bank’s President Christine Lagarde said today that the central bank is likely to start raising its interest rates by the end of the third quarter this year. The ECB is on track to start moving its deposit rate from…
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The data from Ifo Institute showed that German business morale unexpectedly rose in May, jumping to 93.0 from April’s upwardly revised figure at 91.9 (from 91.8) and strongly beat the forecast at 91.4. Acceleration in Germany’s services…
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Cable rose to the highest in over two weeks in early Monday, lifted by improved risk sentiment on comments from the US President Biden about possible reduction of tariffs on China. Fresh strength signals an extension of last week’s 2.05%…
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Unexpected and strong rise in UK retail sales in April cheered overall gloomy picture, but many economist see it just as a temporary phenomenon which is unlikely to be long-lasting. Monthly retail sales rose by 1.4% in April after…
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The Euro is standing at the back foot on Friday, following 1.2% advance on Thursday, but dips were so far limited, adding to positive signal from Thursday’s bullish engulfing pattern. Fresh bullish momentum on daily chart and formation of…
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Cable regained strength after being deflated on Wednesday (down 1.2% for the day) by high inflation figure. Investors turned focus towards the BoE, which is expected to raise rates by 25 basis points in the policy meeting next month that…
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The Australian dollar regained traction on Thursday and recovered a good part of Wednesday’s 1% drop, underpinned by fresh optimism over relaxing Covid restrictions in China and solid Australia’s jobs data. Unemployment in Australia fell…
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The USDJPY extends lower in early Thursday’s trading, following nearly 1% drop on Wednesday, as yen was supported by increased flow into safety on risk aversion. Negative signal is developing on daily chart as near-term recovery attempts…
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