Watch FXOpen's December 12 - 16 Weekly Market Wrap Video

FXOpen

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.

  • 00:17 - Sudden gold price hike attracts speculative attention
  • 01:44 - What the future holds for the Fed
  • 03:20 - EUR/USD gains bullish momentum while USD/CHF dips further
  • 04:35 - GBP makes remarkable gains as UK inflation slows, but it's still 10.7%

    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.

forex

Latest articles

Commodities

Gold Price Holds Near Key Support

As the XAU/USD chart shows, the gold price has been holding within the $5,060–$5,200 range over the past several sessions.

Bullish view: the key support is the lower boundary of the long-term channel that has been

Forex Analysis

EUR/USD Chart Analysis: Pair Rebounds from the Year’s Low

Analysing the EUR/USD chart five days ago, we:
→ constructed a downward channel, noting signs that the bears remained in control;
→ outlined a scenario in which the rate would decline to a new yearly low (and test the lower boundary

Indices

Dollar Index (DXY) Hits Yearly High

Today, the dollar index rose above last week’s peak around the 99.68 level, setting a new high for 2026. This movement is supported by a tense fundamental backdrop:

→ Inflationary pressures from rising oil prices. Markets may be pricing

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.