Windsor News & Research Blog - Forex & CFD Market Analysis

The Australian dollar fell to one-week low (down 0.8% since opening on Thursday), depressed by higher US dollar on fresh risk aversion and dovish comments from RBA Governor Lowe, with little positive impact from better than expected…
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The Euro bounces after attempts to extend Tuesday’s nearly 0.6% drop, dented Fibo support at 1.1721 (50% retracement of 1.1612/1.1830 upleg) but faced strong headwinds. Although the most recent bull-trap above Fibo 50% of…
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Cable fell to one-week low in early Wednesday in extension of Tuesday’s 1% drop (the biggest one-day fall since 10Sep). Fresh risk aversion on pause of new Covid-19 vaccine trial and no signs of progress in talks about US…
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German economic sentiment slumped this month to 56.1, down from 77.4 in September and far below forecasts of 73.0, according to the ZEW. The German current conditions sub-index came in slightly better than expected at -59.5 (versus a…
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UK unemployment figures rose to their highest level since June 2017 on Tuesday, according to data from the Office of National Statistics (ONS). The jobless rate rose to 4.5% in the three months up to August, up from the previous figure…
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Cable edged lower on Monday after recovery hit new high at 1.3059, as risk mode faded after US stimulus talks stalled again. Sterling advanced strongly in past two week’s despite persisting pressure on Brexit talks which show no signs of…
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The US dollar traded higher against the basket of its major counterparts on Monday, but remains close to Friday’s three-week low. This is against the backdrop of China’s central bank attempting to curb the yuan’s strength over the…
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The Euro eases on Monday as another failure in US stimulus talks and new records in coronavirus cases in Europe that triggered tighter measures, hurt risk sentiment. The EURUSD pair advanced 0.62% on Friday and hit new recovery high at…
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The dollar fell to 2 ½ week low on Friday, being in red for the third straight day and on track for a second consecutive week of losses. Renewed risk sentiment on rising bets for Biden’s victory in presidential election and expectations…
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