Windsor News & Research Blog - Forex & CFD Market Analysis

Eurozone’s Composite Purchasing Managers’ Index, which gives good indication of economic health, rose to 48.8 in February from 47.8 previous month and overshot 48.1 forecast, but remains firmly below the 50 threshold which separates growth…
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Cable edges higher in early Wednesday’s trading but remains within range, capped by 1.40 level, now reverted to solid resistance. Pullback from new nearly three year high showed signs of stall after being repeatedly contained by rising…
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The Euro tumbles on Tuesday as downbeat German retail sales data contributed to bearish near-term tone. Bears remain firmly in play for the third straight day, despite Monday’s failure to close below the base of daily Ichimoku cloud and…
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The pair maintains firm bullish tone for the sixth straight day and hit new multi-month high in early Tuesday’s trading, driven by rising demand for the US dollar. Bulls pressure resistances at 107 zone, consisting of mid-Aug high…
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German retail sales fell 4.5% in January following an upwardly revised drop of 9.1% in December, falling well below forecasted decline of 0.3%. January’s weak data came as a result of closure of a number of retail stores on Covid-19…
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Cable stands at the back foot on Monday and remains below 1.40 mark after losing around 1.5% in past two days. Increased demand for dollar pushed sterling lower after bulls hit the highest level in almost three years (1.4238)…
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German factory activity growth accelerated in February and hit the highest level in more than three years, driven by rising demand from China and the United States. Manufacturing Purchasing Managers’ Index rose to 60.7 in February from…
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The Euro remains firmly in red and extends weakness on Monday, despite solid German / EU PMI data, weighed by Friday’s massive bearish daily candle (the pair was down 0.84%, making the biggest one-day fall since 19 Mar 2020). Fresh bears…
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The US dollar made a good start in 2021 after sharp fall in 2020, but January’s bounce, driven by profit-taking and optimism of faster economic recovery, was short-lived. The Dollar Index - which measures the performance of the dollar…
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Britain’s unemployment ticked to 5.1% in the last three months of 2020, from 5.0% in the previous period and hit the highest in almost five years, as the jobless rate was last time at this level in the first three months of 2016.…
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