Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar index eases in early Monday’s trading, pressured by rise in riskier currencies, but remains near its 3 ½ month high, posted last week. Larger uptrend is intact, with extended sideways mode ahead of this week’s Fed policy meeting…
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Cable eased on Friday after strong rally in past two days failed to clear pivotal barrier at 1.3780 (falling 10DMA / Fibo 61.8% of 1.3910/1.3571 downleg). Conflicting signals from solid economic indicators and fears of stronger spread of…
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British retail sales regained traction and resumed recovery after unexpected drop in May, rising 0.5% in June from previous month’s 1.3% fall, while so-called core retail sales, which exclude volatile components, rose by 0.3% in June…
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The German Purchasing Managers’ Indexes surged further in July, suggesting that the economy continues its strong recovery from coronavirus pandemic crisis. The Composite PMI which tracks the performance of both, manufacturing and…
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The EURUSD is holding near new multi-week low in early European trading on Friday, after strong upside rejection and subsequent drop on Thursday. Short-lived positive impact from ECB resulted in brief correction which was capped by initial…
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In its first policy meeting after strategy review, the European Central Bank pledged to keep ultra-low interest rates even longer than expected to boost slow inflation until it reaches 2% target. The central bank’s decision underlines…
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Cable extends gains into second straight day, following Wednesday’s 0.6% rebound after being firmly in red for four consecutive days. Bullish signal from Wednesday’s bullish engulfing was boosted by return and close above 200DMA, with…
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The EURUSD is moving within a narrow range around 1.1800 handle in early Thursday, awaiting signals from today’s ECB policy meeting. The market expectations are mainly for dovish event that would add pressure to the single currency for…
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Spot gold probed again below $1800 support on Wednesday, as rising dollar dents metal’s safe-haven appeal, but growing fears about pandemic resurgence and new lockdowns could hurt global economic recovery, keep the metal afloat. The price…
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The Euro hit new 3 ½ month low (1.1751) in European session on Wednesday. But bears started to face headwinds on approach to key supports at 1.1704/1.1694 (2021 low, posted on Mar 31 / Fibo 38.2% of 1.0635/1.2349 rally), that resulted in…
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