Windsor News & Research Blog - Forex & CFD Market Analysis

British pound regained traction and bounced from the lowest in over one week (1.3710), hit earlier today. Optimistic tones from UK FinMin Sunak’s budget speech lifted sterling. Sunak announced stronger economic growth as the country…
Read More...

Spot Gold eases after repeated failure to sustain gains above psychological $1800 barrier, with rising expectations that the US Federal Reserve could finally announce the start of reducing stimulus in its Nov 3 policy meeting and market…
Read More...

The USDTRY opened with a gap-higher on Monday and rose to new record high (9.8314) following the new political storm after President Erdogan ordered the expulsion of ambassadors from the US and nine Western countries over the weekend.…
Read More...

The Australian dollar bounces on Monday after last week’s two-day pullback from new multi-week high (0.7546), inflated by fresh rise in metal’s prices. Bulls regained traction after shallow dip but face headwinds from good offers at 0.7500…
Read More...

The Euro fell to the session low in European trading on Monday, down over 40 pips, deflated by weaker than expected German Ifo data, which dropped to the lowest since April in October. Fresh weakness hit the floor of multi-day congestion…
Read More...

Spot gold surged to the highest levels in 1 ½ month on Friday, lifted by weaker dollar and a pick-up in inflation expectations, while the rally accelerated after taking out barriers at $1791/93 (Fibo 61.8% of $1834/$1721 / 200DMA) and…
Read More...

The WTI oil is consolidating under new seven-year high, as bulls slowed on cooling demand over easing gas and coal prices and a forecast for mild winter in the US but is on track for the seventh consecutive bullish weekly close. Dips off…
Read More...

The Euro regained traction on Friday and standing at the front foot despite mixed EU PMI data which showed a slowdown in bloc’s business activity in October, but growth in manufacturing sector remained robust. Today’s action partially…
Read More...

Cable remains in red in early Friday following Thursday’s bearish close after larger bulls lost traction on approach to 200DMA (1.3848). Return below broken 100DMA (1.3798) and Fibo 76.4% barrier (1.3794) adds to initial signal of stall…
Read More...

The US weekly jobless claims fell to the lowest in 19 months in the week ending October 16, adding to signals that the labor market is continuing to recover from crisis induced by coronavirus pandemic. The number of Americans filling new…
Read More...