Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar index extended near-term weakness zone after dovish Fed further soured the sentiment. Although the US central bank pointed to strong economic recovery, changed rhetoric about the health condition, which is not any more the key…
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The Australian dollar accelerates lower in early European session on Tuesday, driven by risk aversion on further drop in Chinese stocks. The situation with Covid-19 is mixed, as Victoria state is about to ease measures but New South Wales…
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WTI oil remains steady on Monday, following strong rebound in past three days (up 8.5%), but the action faces headwinds from strong resistances at $72.39/50 (Fibo 61.8% of $76.95/$65.02 pullback / converged 20/30DMA’s). Signals that…
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The Euro maintains positive near-term tone with immediate negative impact from weaker than expected German data (July Ifo business climate 100.8 vs 102.1 f/c and 101.7 in June) being minor. Recovery attempts from new 3 ½ month…
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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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