Windsor News & Research Blog - Forex & CFD Market Analysis

Spot gold rose to seven-week high on Friday, gaining 0.8% for the day in extension of Thursday’s 1.5% advance. Weaker dollar and US Treasury yields holding near one-month low were the main drivers of the yellow metal in past two days.…
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China’s economic recovery, as expected, strongly accelerated in the first quarter, although Q1 growth of 18.3% slightly missed forecasts for 19% expansion, the data show that this was the fastest growth since records began 29 years ago.…
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Bears are taking a breather on Friday but remain firmly in play following bearish signal generated on repeated close below pivotal Fibo support at 108.99 (23.6% of 102.59/110.96 / 200WMA). The pair is also on track for the second…
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The Euro regained traction on Friday and edged higher, minimizing negative impact from Thursday’s close in red which signaled that bulls are running out of steam ahead of key barriers at 1.2000/06 (psychological / daily cloud base). The…
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Cable was sold in early European trading on Friday, as pound came under pressure from signs that City was hit worse than expected by Brexit that prompted traders to collect profits from four-day rally. Some 440 financial firms in Britain…
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The US retail sales increased 9.8% in March, in the strongest jump since May 2020, heavily beating forecast for 5.9% increase and showing strong rebound from last month’s upwardly revised -2.7% figure. Government’s additional pandemic…
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WTI oil is consolidating just under new one-month high ($63.44) on Thursday, following 3.8% advance on Wednesday, the biggest one-day rally since Mar 24. Improved forecasts for global oil demand by the International Energy Agency and…
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The dollar holds in red against its major counterparts for almost two weeks and hit one-month low on Thursday. Falling US Treasury yields and signals that the US central bank will keep ultra-low interest for some time, despite recent…
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Fresh bulls off 1.3670 support are struggling at 1.3800 zone as Wednesday’s candle with long upper shadow and failure to close above daily Tenkan-sen (1.3794) signal that three-day rally might be running out of steam. South-heading…
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China’s economy is expected to accelerate recovery from pandemic slump last year and expand at record pace in the first quarter of 2021. Economists see Q1 GDP growing 19% from 6.5% growth in the last quarter of 2020, driven by strong…
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