Windsor News & Research Blog - Forex & CFD Market Analysis

The activity in China’s services sector slowed significantly in June, as resurgence of coronavirus cases in the south of the country, negatively affected sector’s growth. A private survey – Caixin services Purchasing Managers’ Index-…
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Cable extends fresh bullish mode into second day, lifted by post-NFP profit-taking on dollar’s long positions, as well as news on a battle for Britain’s fourth largest supermarket group Morrisons. The sentiment is additionally boosted by…
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The Euro is trading within a narrow range in early Monday, as extended US holiday lowers volumes. Last Friday’s post-NFP action left bullish candle (the first after four consecutive red daily candles) with long tail, marking the…
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The US dollar dipped against the basket of major currencies despite better than expected US labor data in June. Larger uptrend remains intact, with current dip seen as positioning for fresh push higher, as the labor report has less impact…
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The growth in the US labor sector accelerated in June as booming demand on fast economy reopening boosted hiring. Non-farm payrolls increased by 850,000 new jobs in June, overshooting forecast for 700,000, while May’s figure was revised…
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The Euro extends weakness into fifth straight day, hitting the lowest in nearly three months on Friday. Bears broke below key supports at 1.1747/36 (June 18/21 lows / Fibo 76.4% of 1.1704/1.2266 ascend) but need to register weekly close…
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The closely watched US non-farm payrolls report is expected to show that employment likely accelerated in June, as improving conditions on economy reopening boosted demand for labor, prompting companies to raise wages to attract a number of…
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WTI oil price surged above $76 per barrel on Thursday, hitting the highest since October 2018, supported by growing prospects of strengthening global demand, falling US inventories and OPEC+ decision to start gradually adding about 2…
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US initial claims for state unemployment benefits fell by 51,000 to 364,000 in the week ending June 26, hitting the lowest since the third week of March 2020, just ahead of coronavirus outbreak in the United States. Jobless claims…
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Cable continues to travel south for the sixth straight day and hit 11-week low on Thursday, after dovish tone from BoE Governor Bailey’s speech accelerated bears. Fresh weakness broke through pivotal support at 1.3786 (June 21 low)…
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