Windsor News & Research Blog - Forex & CFD Market Analysis

Euro zone Composite Purchasing Managers’ Index which combines performance in manufacturing and services sectors and is seen as one of main gauges of the economic health, rose to 56.9 in May from 53.8 previous month and well above 55.1…
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Cable jumped to 1.4200 zone after upbeat UK retail sales but failed to break higher, remaining within 1.41/1.42 range for the fourth straight day. Larger bulls remain supported but face headwinds on approach to 2021 high at 1.4238 (Feb…
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Reopening of non-essential shops in Britain on April 12, after shutting in early January due to coronavirus restrictions, boosted British retail sales last month. Retail sales surged by 9.2% in April from downwardly revised 5.1% in March…
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Spot gold kept positive tone on Thursday despite warning technical signal of indecision and possible stall from Wednesday’s long-legged Doji candle. The metal remains supported by fears of rising inflation which dominates in the near-term…
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The US jobless claims fell further in the week ending May 15, holding below 500,000 for the second consecutive week and adding to signals that job growth picked up this month. The number of Americans filling for state unemployment…
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The dollar came under pressure on Thursday following short rebound after Fed minutes on Wednesday signaled that there was more than expected talk of tapering bond purchases. The action stays below broken important Fibo support at 90.16…
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WTI oil remains in red for the third straight day, weighed by renewed supply concerns over fresh rise in new virus cases in Asia, a progress in a talks towards a deal to lift sanctions on Iran, that would boost global supply and rise in…
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Bulls regained traction on Thursday and fade downside risk that emerged after post-Fed nearly 0.5% drop on Wednesday. Fresh rise in German producer prices (the biggest increase in nearly a decade) added to Euro’s positive sentiment,…
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The Australian dollar rose in early Thursday’s trading after April’s labor report showed Australia’s jobless rate fell for a sixth consecutive month and hit the lowest since April 2020 at 5.5%, but employment declined by 30,600 against…
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Spot gold was up and down within almost $40 range on Wednesday but keeps overall bullish bias, ahead of the minutes of Fed’s Apr 27-28 policy meeting to gauge the central bank’s stance on interest rates. The yellow metal, which is used as…
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