Watch FXOpen's June 20-24 Weekly Digest Video

FXOpen

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. Why are oil prices going down? What ECB president Christine Lagarde had to say at a hearing at the Committee on Economic and Monetary Affairs of the European Parliament? Why the Japanese yen is on the decline? Why are travel stocks on the rise amidst the chaos? And, finally, what are the drivers behind the euro's rising value? Watch our short and informative video, and stay updated with FXOpen.

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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.

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Forex Analysis

USD/CAD Rises to a Two-Month High

Today, the USD/CAD currency pair climbed above the 1.3787 level for the first time since late January.

→ Demand for the US dollar is being supported by concerns over escalating tensions in the Middle East. Market participants are favouring

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Alphabet (GOOGL) Shares Fall to 2026 Low

As the chart shows, Alphabet (GOOGL) shares have dropped to their lowest level of 2026, with trading closing well below the psychological $300 per share mark.

Why Have Alphabet (GOOGL) Shares Declined?

The bearish move is driven by a combination

Forex Analysis

FX Market Awaits Macro Data: EUR/USD and GBP/USD Near Range Boundaries

European currencies are trading without a clear direction against the US dollar, remaining in a consolidation phase following the earlier decline driven by USD strength. At the start of the week, both EUR/USD and GBP/USD attempted a recovery,

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