FXOpen
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.
- USD: Q1 results
- USDJPY: Are the bulls trying to revive the long-term trend?
- Tech stocks are back in vogue as a sudden rally grabs the attention
- British pound remarkably remains the best performing G10 currency in 2023
Watch our short and informative video, and stay updated with FXOpen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Stay ahead of the market!
Subscribe now to our mailing list and receive the latest market news and insights delivered directly to your inbox.
Latest articles
EBAY Share Price Jumps Over 9% in a Day
Yesterday, traders focused on:
→ labour market news, which showed a slight decrease in new unemployment claims;
→ comments from the Federal Reserve: Christopher Waller stated that inflation is expected to fall to the target rate of 2% in the medium term,
USD/CNH Near Key Resistance: 2025 Outlook
As shown by today’s USD/CNH chart:
→ the pair is trading around 7.35 yuan per US dollar;
→ historically, this level has acted as resistance, pushing the exchange rate lower in autumn 2022 and autumn 2023, as bulls briefly
Why the British Pound Is Stronger than the US Dollar
How strong is the pound compared to the US dollar? The GBP/USD exchange rate is a key indicator of the economic relationship between two global powers. From historical dominance to modern fluctuations driven by monetary policy, economic metrics, and