Windsor News & Research Blog - Forex & CFD Market Analysis

US refiners are set for the worst earnings quarter of the pandemic due to rising crude prices and weak demand on renewed travel restrictions. Resurgence of coronavirus cases worldwide resulted in uneven demand with consumption of liquid…
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German business morale fell in January, hitting the lowest since June 2020, as tight lockdowns on the second wave of coronavirus temporarily ended economic recovery in Europe’s largest economy. The data from Ifo institute show that…
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The Euro fell to session low after downbeat German business climate data and probes below Friday’s low (1.2151). Fresh weakness returns below broken Fibo barrier at 1.2166 (38.2% of 1.2349/1.2053), generating initial signal of recovery…
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The pair is in defensive in early Monday’s trading despite strong bullish close on Friday and rising positive momentum on daily chart. Recovery from new multi-month low 102.59 (Jan 6) was capped by daily cloud base, as descending cloud is…
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Sterling regained traction and rising in early Monday’s trading, following bearish close on Friday and failure to register weekly close above 1.37 mark. Daily studies remain in bullish setup but overbought stochastic and weaker momentum…
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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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