Windsor News & Research Blog - Forex & CFD Market Analysis

Spot gold bounced from new 1 ½ month low ($1803) posted in early hours of Monday’s trading as comments from US Treasury nominee Janet Yellen that the US does not seek weaker dollar, slowed greenback’s recovery. Expectations of new fiscal…
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The US dollar extends recovery from Jan 6 low (the lowest since Apr 2018) and hit five-week high against the basket of major world currencies on Monday. Fresh risk aversion across currency markets lifts the greenback, with comments from…
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The Australian dollar stays in red for the second consecutive day and falls to two-week low on Monday, weighed by fading risk sentiment and higher greenback on comments that the US does not seek weaker dollar. Fresh extension lower is…
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Cable extends lower in early Monday, following 0.75% drop on Friday, pressured by profit-taking after repeated failures at 1.3700 zone and comments from US Treasury nominee Yellen that US does not seek weaker dollar. Fresh weakness broke…
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China’s economy ended turbulent 2020 in solid shape as growth accelerated above expectations in the fourth quarter. Gross domestic product grew 6.5% in Q4, from 4.9% in Q3 and beating expectations for 6.1% growth, while the economy grew…
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US retail sales fell further in December, adding to signs that the economy ran out of steam at the end of 2020. Data from US Department of Commerce, released on Friday, showed retail sales dropped 0.7% in December, above November’s…
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The Euro stays in red on Friday and pressures new one-month low as bears regain traction after Thursday’s hesitation, expressed by daily Doji candle. The action remains under broken Fibo level (1.2173, 23.6% of 1.1602/1.2349) that keeps…
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The US President-elect Joe Biden outlined a $1.9 trillion stimulus package in efforts to jump-start the economy and accelerate the distribution of vaccines to bring coronavirus under control. In his campaign last year, Biden promised to…
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Cable edged lower in European trading on Friday but remains resilient as less steep than expected fall in UK GDP partially compensates negative impact from lockdowns on raging coronavirus and Brexit. Bulls probed again through 1.37 and…
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Bears are taking a breather above new multi-week low at 0.8865 (the lowest since Nov 11) following a steep fall in past six days. The Euro lost traction and was additionally pressured by political crisis in Italy, while sterling remains at…
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