Windsor News & Research Blog - Forex & CFD Market Analysis

The number of Americans filling for state unemployment benefits continues to decrease as rapidly reopening economy caused surge in demand for workers. Initial jobless claims fell more than expected last week, totaling at 406,000 - the…
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WTI oil price edged lower on Thursday but remains within a narrow range that extends into third day and consolidating strong rally of last Mon/Fri (up 6.5%). Oil remains supported by expectations for stronger demand on summer driving…
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The dollar maintains positive near-term tone following Wednesday’s 0.34% jump (the biggest one-day gains since May 12) and probes through daily cloud top 109.16, as Thursday’s action is establishing above 109 mark. Firm break of cloud…
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Cable stands at the back foot in European trading on Thursday and cracked important 1.4100 support (Fibo 23.6% of 1.3669/1.4238 rally), but so far lack strength to break lower and confirm signal. Wednesday’s bearish acceleration and close…
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The Euro eases from new 19-week high (1.2266) on Wednesday, weighed by increased demand for the dollar at the end of the month and dovish comments from ECB officials that also push German yields lower. Larger uptrend remains intact with…
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The Turkish lira is consolidating above the new record low vs Euro (10.3361) posted on Tuesday, with risk of further fall seen on Turkey’s strong export to the Europe, which significantly bigger than to the US. Also, Turkish inflation data…
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The dollar edges higher from new nearly five-month low on Wednesday as increased demand at the end of the month dent larger bears. Recovery is likely to be limited and offer better opportunities to re-enter the downtrend, as bears took out…
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Bulls strengthened grip on Tuesday after a brief pause (presented by Monday’s Doji candle) and push gold price to a new highest level since early January. Fresh advance peaked at $1895, pressuring psychological $1900 barrier, which guards…
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Cable lost traction on Tuesday and fell around 100 pips, deflated by downbeat CBI survey of the retail sector and strong rise of EURGBP cross. Fresh weakness moves focus to the lower boundary of the range in which the price action moves…
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The German economy contracted by 1.8% in the first quarter of 2021, overshooting the expectations of 1.7%, as restrictions on the third wave of coronavirus slowed the economy which expanded by 0.3% in the fourth quarter of 2020. Europe’s…
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