Windsor News & Research Blog - Forex & CFD Market Analysis

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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Britain’s Gross Domestic Product fell by 2.6% in November, from a month earlier, a period when the government launched the second national lockdown to slow the spread of coronavirus. The contraction was much lower than the average…
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Bears regained control, pushing the Euro to new one-month low (1.2110), signaling bearish continuation after pullback from 2021 high (1.2349) was congested in past three days. Fresh weakness cracked lower 20-d Bollinger band (1.2117) and…
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US weekly jobless claims increased above expectations last week, signaling a weakening in labor sector, as deteriorating situation with new wave of Covid-19 infections disrupted the number of businesses. The number of initial…
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Cable remains constructive and holding near new 2021 high on Thursday, after the action on Wednesday stalled on approach to key barrier at 1.3703. Daily moving averages remain in bullish setup but loss of positive momentum and stochastic…
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