Windsor News & Research Blog - Forex & CFD Market Analysis

The dollar is standing at the back foot in European trading on Monday following Friday’s inverted hammer (bearish signal) which was formed after four-day advance stalled on probe above 110 barrier. Rising risk of pullback is verified by…
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The Euro remains in directionless mode for the third consecutive day after pullback from new multi-week high (1.2266) reached minimum correction level at 1.2133 (Fibo 23.6% of 1.1704/1.2266) but was strongly rejected here. Near-term action…
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China’s Manufacturing PMI ticked lower in May - 51.0 vs 51.1 in April and 51.1 forecast – while services sector continued to move in the recovery track, as the index rose to 55.2 from 54.9 previous month, remaining close to the highest…
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Accelerating economic activity after vaccination resulted in significant drop in new virus cases, pushed US consumer prices past the Fed’s 2% target to the highest levels since 1992. Consumer prices as measured by the personal…
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The dollar remains within a narrow consolidation for the second day, following bounce from 4 ½ month low (89.50) driven buy month-end flows that boosted demand for the greenback. Friday morning trading is quiet as investors await US…
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Cable is consolidating after Thursday’s 0.60% jump on comments from BoE policymaker Vlieghe who said that the central bank could raise interest rates as soon as the first half of 2022 if the labor market recovers faster than expected.…
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The Euro stands at the back foot in early Friday’s trading, signaling possible continuation of pullback from 1.2266 high, after Thursday’s neutral mode (Doji candle). Fresh easing cracked trendline support at 1.2175 (bull trendline from…
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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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