Windsor News & Research Blog - Forex & CFD Market Analysis

WTI oil price fell on Friday on fresh concerns that new pandemic restrictions in China will limit fuel demand in the world’s biggest oil importer. Recovering fuel demand in China  in the second half of 2020 strongly lifted oil prices,…
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The Euro eased from one-week high (1.2189) posted earlier on Friday, as weak EU PMI data soured near-term sentiment. Today’s action probed above key Fibo barrier at 1.2166 (38.2% of 1.2349/1.2053) but need daily close above this level to…
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Eurozone’s economic activity decelerated significantly in January, with union’s dominant services sector being hit the most by strict lockdowns, imposed to contain raging coronavirus pandemic. EU services PMI dropped to 45.0 in January…
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Cable pulled back from new high in early European trading on Friday, pressured by weaker than expected UK data which showed weak recovery in retail sales in December after November’s plunge on lockdowns and downbeat PMI’s, as services…
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Britain’s retail sales rose 0.3% in December, bouncing from November’s downward revised -4.1% drop, but at far lower pace than expected as last month’s figure came well below 1.2% forecast. The data signal that British retailers…
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The European Central Bank stayed on hold on the first policy meeting in 2021, as widely expected, and warned that new surge in coronavirus infections poses high risks to the eurozone’s recovery. The ECB’s benchmark deposit rate remained…
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The initial claims for the US state unemployment benefits decreased modestly last week, totaling at 900,000, compared to 926,000 previous week and forecast for 910,000 applications, but raging coronavirus pandemic keeps increased risk of a…
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Dax index extends gains on Thursday as hopes of a large stimulus plan under new President boost risk sentiment, but traders focus the European Central Bank’s meeting today for more information about the eurozone’s economic health. Fresh…
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The USDTRY stands at the back foot for the third straight day but remains within three-week range between rising 200DMA (7.3534) and recovery top at 7.5384. Lira holding in a larger uptrend vs dollar, which extends into third straight…
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The Euro remains constructive after recovery attempts ran out of steam under key Fibo barrier at 1.2166, resulting in bearish daily close on Wednesday. Strong reversal signals on bear-trap and hammer candle on Monday continue to underpin…
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