Windsor News & Research Blog - Forex & CFD Market Analysis

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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)…
Read More...

The US dollar keeps firm tone and hit three-month high in early Thursday, following 2.44% monthly rally in June, mainly driven by hawkish shift in Fed’s rate outlook. The dollar index looks set for further advance after completion of…
Read More...

The Australian dollar remains in red and hit new lowest in over one week on Thursday, following Wednesday’s 0.74% drop. Spread of new coronavirus Delta variant triggered fresh restrictions across Australia that further soured risk…
Read More...