Windsor News & Research Blog - Forex & CFD Market Analysis

The cross is in strong rally for the second day and hit one-month high (0.8663) after over 2% advance in two days. The Euro remains boosted by strong economic data while sterling came under increased pressure on concerns about the Astra…
Read More...

The US trade deficit surged 4.8% to record $71.1 billion in February, from $67.8 billion gap previous month and also beat forecast for $70.5 billion. Imports fell by 0.7% to $258.3 billion from $260.2 billion, reflecting limitations in…
Read More...

Bulls stay firmly in play and probe through key barrier at 1.1880 (200DMA / Fibo 61.8% of 1.1988/1.1704), to hit two-week high (1.1898) on Wednesday, in extension of 1% advance in past two days. Today’s action was boosted by solid EU data…
Read More...

The Eurozone service industry performed better than expected in March despite tight restrictions imposed to battle a third wave of coronavirus infections across the continent. EU’s Services Purchasing Manager’s Index (PMI) rose to 49.6…
Read More...

Cable holds in red for the second day and fell to one-week low (1.3772) in early European trading on Wednesday, in extension of Tuesday’s 0.53% drop. Recovery stall and subsequent weakness point to a bull-trap above 1.3887 Fibo barrier…
Read More...

Spot gold rose to the highest in more than one week on Tuesday, resuming recovery leg from $1677 (Mar 31 low) after bulls took a breather on Monday. Fresh weakness of the dollar and US Treasury yields revived metal’s appeal and lift the…
Read More...

The dollar accelerated lower in early US session trading on Tuesday, repeating the pattern from the previous day. Fresh strength of equities following shallow pullback and higher crude oil prices deflate greenback for the second straight…
Read More...

The S&P index is consolidating under new record high, posted after 1% rally on Monday, sparked by upbeat US data. A survey showed a measure of US services industry activity jumped to a record high in March, after last week’s reports…
Read More...

The Euro remains firm in early Tuesday’s trading and probes through pivotal Fibo barrier at 1.1812 (38.2% of 1.1988/1.1704), after 0.5% advance on Monday registered bullish signal on close above 10DMA and trendline resistance. Formation of…
Read More...

The Reserve Bank of Australia, as widely expected, left its ultra-low interest rates unchanged on today’s policy meeting and expressed its commitment to maintain accommodative policy until inflation rises and unemployment drops. The…
Read More...