Windsor News & Research Blog - Forex & CFD Market Analysis

The pair holds in green for the seventh straight day and bulls have tighten grip after break of pivotal barriers at 109.56/110.00 (Fibo 76.4% of 111.71/102.59 / psychological). The dollar advanced nearly 8% vs yen in past three months…
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Bears are taking a breather above new nearly five months low (1.1704) and key Fibo support at 1.1694 (38.2% of 1.0635/1.2349), with consolidation on overextended daily studies likely to precede fresh weakness. The Euro fell almost 3% in…
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The US President Joe Biden is looking for a dramatic shift in the direction of the US economy, with plans to invest around $2 trillion in the infrastructure, climate change and the human services. The new plan comes after recently…
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The activity in China’s manufacturing sector expanded at the fastest pace in March and factories accelerated production after a brief pause during the Lunar New Year holidays, helped by improving global demand that further boosted economic…
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Cable bounces in European trading on Wednesday after data showed the UK economy grew above expectations in Q4 2020 and current account deficit, although widened below forecasts. The recovery of two-day drop so far stays below pivotal…
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UK gross domestic product increased by 1.3% in the last quarter of 2020 from the previous three-month period and beat expectations for 1.0% growth. Although the figures point to stronger than expected Q4 growth, Britain’s economy,…
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Spot gold tumbled 1.5% on Tuesday, in extension of steep fall that commenced on Monday. The dollar rose to four-month high, driven by higher US Treasury yields which hit 14-month high on growing expectations that speedy vaccination would…
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WTI oil dropped $2 on Tuesday, slipping from nearly two-week high ($62.23) posted in early Asian trading. Re-opening of Suez Canal after almost a week of closure which threatened to seriously hit global trading, eased tension and pushed…
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USDTRY rose to one-week high on Tuesday and is on track to fully retrace a partial recovery from last week’s 8.5015 high. Lira remains under increased pressure since the most recent shock after President Erdogan replaced the governor of…
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Bulls broke through psychological 110 barrier and hit one-year high in early Tuesday and pressure monthly cloud base (110.51), violation of which would open way for Mar 2020 high at 111.71. Rally from January low (102.59) accelerated…
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