Windsor News & Research Blog - Forex & CFD Market Analysis

China’s economic growth slowed below expectations in the second quarter, as higher prices of raw materials and new coronavirus outbreaks weighed on economic activity. Economic growth slowed significantly from a record 18.3% expansion in…
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The Euro is consolidating under pivotal barriers at 1.1880/85 (recovery highs / falling 20DMA) after the action in past two days repeated failed at these levels. Strong China’s trade data, released earlier today, boost the risk sentiment,…
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The US dollar regained traction on Monday after 0.66% drop in past two days. The pullback from new three-month high (92.82) was so far shallow, keeping intact the uptrend from 89.50 (May 25 low). A significant decrease in dollar’s net…
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Cable is consolidating under new two-week high (1.3910), posted after Friday’s 0.9% rally, as sterling accelerated higher on fresh risk mode, inspired by global equity gains. Pound’s sentiment improves on expectations that the government…
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Cable regained traction on Friday after negative tone prevailed during this week, with three-day drop ending with a hammer candle that generated initial bullish signal. Fresh advance nearly fully reversed losses of this week but needs lift…
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Britain’s gross domestic product grew by 0.8% in May, well below forecasted 1.5% growth and downwardly revised April’s figure at 2%, signaling sharp slowdown in post-pandemic economic recovery. Economists anticipated that the pace of…
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The Euro rebounds strongly on Thursday after failure to hold break below 1.1800 level, with fresh strength helped by oversold daily studies. Fed minutes did not provide more evidence of QE tapering, while US jobless claims rose last week,…
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The EURCHF cross was among top losers in early Thursday’s trading, being down 0.7% so far, as fresh risk aversion strongly lifted safe-haven Swiss franc. Bears took out strong technical supports at 1.0886/70 (200DMA / June 11 former low)…
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AUDUSD The Australian dollar fell to seven-month low vs US dollar (0.7425) on Thursday morning, pressured by drop in global bond yields and RBA chief Lowe’s rejection of market calls for early tightening. Fresh weakness broke below last…
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The USDJPY accelerated sharply lower in early European trading on Thursday, deflated by fresh risk aversion, mainly driven by a sharp fall in China’s government bond yields after authorities announced cuts in banks’ mandatory reserves in…
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