USD/CAD, AUD/USD, EUR/USD Analysis: Commodity Currencies Testing Important Marks image The penultimate five-day trading period of the past year turned out to be quite successful for commodity currencies. Thus, the AUD/USD pair is approaching the ...

Daily Market Analysis By FXOpen

S&P 500: Worst Day since September image The S&P 500 fell 70.02 points, or 1.47%, to 4,698.35 yesterday, according to Dow Jones Newswires. This is the largest one-day point decline since Thursday, September 21, 2023. Of the 500 stocks in the ...

Daily Market Analysis By FXOpen

EURUSD Pair May Rise Despite Bank Predictions of Bearish Trend image During the middle of 2023, the EURUSD pair witnessed a steady decline that lasted until October, reflecting a prolonged period of challenges for the euro against the US dollar. ...

Daily Market Analysis By FXOpen

Market Analysis: Gold Price Eyes Breakout, Crude Oil Price Recovers image Gold price gained traction and climbed above the $2,030 resistance level. Crude oil price is recovering, and it could climb further higher toward the $78 resistance. ...

Daily Market Analysis By FXOpen

AMZN: Stock Price Ends Year Stronger Than S&P 500 image Amazon shares are up approximately 79% year to date in 2023, outperforming the S&P 500. This reflects the company's strong fundamentals: → Amazon's third-quarter results beat Wall Street ...

Daily Market Analysis By FXOpen

Bank of England Maintains Interest Rates at 5.25% Amidst Global Economic Dynamics image In a move that marks the third consecutive instance, the Bank of England has opted to maintain its benchmark interest rates at 5.25% on the 14th of December. ...

Daily Market Analysis By FXOpen

GBP/USD, EUR/USD, and USD/JPY Analysis: Yen and European Currencies Retreat from Recent Highs image The sharp decline in the US currency that we observed after the Fed meeting slowed down slightly towards the end of last week. Thus, the pound/US ...

Daily Market Analysis By FXOpen

USD/JPY and NIKKEI React to Bank of Japan Decision image This morning, the Bank of Japan decided to leave interest rates unchanged at -0.10%. Its head, Kazuo Ueda, stated that: → the chances that the current ultra-loose monetary policy will change ...

Daily Market Analysis By FXOpen

Trading schedule for the 2023-2024 Winter Holiday period image Dear Traders, Please be aware of the trading schedule changes for the Christmas and New Year holiday period (all times are GMT+2): Friday, December 22 Commodities CFDs: UK Brent ...

(binned per thread starter’s request) FXOpen Company News

FXOpen announce the release of TickTrader 2.15 image FXOpen is delighted to announce the release of TickTrader 2.15, the latest version of the TickTrader trading platform. Read more below about the exciting new features developed to enhance your ...

(binned per thread starter’s request) FXOpen Company News

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Recovers as Rate Cuts Are Not Expected image The dollar rose on Friday after Fed spokesman Williams tempered expectations for a rate cut and reiterated that the central bank remains focused on bringing ...

Daily Market Analysis By FXOpen

Interest Rate ETF Diversifies Trading Portfolio at Poignant Time image Electronic trading has never been so advanced. Recently, a wave of demand for diverse instruments has emerged among many traders, and in keeping with such a demand, FXOpen has ...

Daily Market Analysis By FXOpen

USD/CAD Analysis: Rate Reaches Its Minimum in 4 Months image On Friday, the rate dropped below 1.366 for the first time since the beginning of August. This was facilitated by fundamental drivers: → The US dollar weakens after the Federal Reserve ...

Daily Market Analysis By FXOpen

EUR/USD: Price Is Again Testing Psychological Level of 1.10 image An eventful news background creates increased volatility in financial markets. Unlike the Fed, whose rhetoric is becoming softer, Europe's central banks are sticking to plans to ...

Daily Market Analysis By FXOpen

EUR/USD Resumes Rally While USD/CHF Drops To Support image EUR/USD started a fresh increase above the 1.0890 resistance. USD/CHF declined and now struggling below the 0.8700 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today ...

Daily Market Analysis By FXOpen

GBP/USD, EUR/USD, USD/CAD Analysis: The Dollar Falls Sharply after the Fed Meeting image The American currency, having strengthened after the release of inflation data in the United States, fell sharply against almost all leading currencies ...

Daily Market Analysis By FXOpen

Natural Gas Prices Recover from 6-month Lows image Since November 1, the price of natural gas has fallen by more than 30%. This was facilitated by: → relatively mild weather at the beginning of the winter period; → record volumes of liquefied gas ...

Daily Market Analysis By FXOpen

Market Analysis: Powell's Speech Weakens USD image Yesterday, the Federal Reserve published a unanimous decision to leave the base rate unchanged for the third time in a row, which coincided with the expectations of most market participants. At ...

Daily Market Analysis By FXOpen

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Falling ahead of Fed Report image At the upcoming meeting, the American department is not expected to take steps aimed at changing monetary parameters. At the same time, officials will likely abandon ...

Daily Market Analysis By FXOpen

Will the BoE Reduce Interest Rates or Not? Markets Appear Nonchalant image The Bank of England is expected to keep interest rates at the current level at tomorrow's meeting and is not actively pursuing further increases in the near future. More ...

Daily Market Analysis By FXOpen