Windsor News & Research Blog - Forex & CFD Market Analysis

The cross edged lower in European trading on Wednesday as pound was elevated by hawkish comments from BoE chief economist Haldane but remains within the range that extends into fourth straight day. Last Friday’s long-tailed Doji candle and…
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WTI oil price rose above $70 per barrel for the first time since mid-October 2018, lifted by strong demand in western economies and fading prospects for return of Iranian supplies after top US diplomat said that sanctions against Tehran…
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The dollar regained traction on Tuesday after strong fall in past two days, sparked by softer than expected US jobs data, found footstep at 109.20 zone (Fibo 38.2% of 107.47/110.33/ converged 30/55DMA’s). The pullback from new two-month…
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The euro zone gross domestic product contracted 1.3% year-on-year in the first quarter of the year, compared to 1.8% drop in the last quarter of 2020, when the bloc’s economy was in the second technical recession since the start of…
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Cable is standing at the back foot at the start of the week, following multiple failure to sustain break above 1.42 barrier and dollar regained traction on comments from Fed Treasury Secretary Yellen over the weekend, after it was deflated…
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The Euro ticked lower in early Monday following Friday’s jump after a second consecutive month of weaker than expected US NFP data failed to inspire stronger dollar rally on fading expectations that accelerating US economic recovery would…
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The Australian dollar is consolidating above new seven-week low at 0.7645, posted after 1.32% drop on Thursday, driven by upbeat US data that inflated the US currency. Fresh bears (Thursday’s fall market the biggest one-day-loss since May…
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The Euro stands at the back foot in early Friday’s trading following Thursday’s 0.70% drop (the biggest one-day fall since Apr 30) as upbeat us private sector jobs data, further drop in jobless claims and strong PMI figures that point to…
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The US weekly jobless claims fell further and hit levels below 400,000 for the first time since mid-March 2020, when the first wave of pandemic prompted closures of all non-essential businesses. The number of new claims for unemployment…
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Quiet trading within 25-pips range suggests traders are on hold and awaiting stronger signals, with focus on today’s UK PMI’s (services and composite) US ADP private sector labor report and the most significant US non-farm payrolls on…
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