Watch FXOpen's March 27 - 31 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.

  • Swiss tsunami rips through global markets: FTSE 100 wipeout noticeable
  • British Pound reaches one-month high against US Dollar despite banking crisis
  • EURUSD hits monthly highs ahead of Fed news
  • To hike or not to hike? That is the Fed’s question
    ‌‌
    ‌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.

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Indices

S&P 500 Index: Chart Analysis Ahead of Fed News

On 2 December, we noted that the final month of the year is traditionally favourable for the S&P 500 index (US SPX 500 mini on FXOpen), as:
→ since around the 1950s, December has been positive in more than

Forex Analysis

Commodity Currencies Pull Back Ahead of Fed And Bank of Canada Decisions

The AUD and CAD are trading in corrective mode, reflecting market caution ahead of today’s Federal Reserve and Bank of Canada meetings. Investors are locking in some profits after a volatile start to the week and prefer to wait

Shares

Broadcom (AVGO) Shares Hit a Record Ahead of Earnings

Broadcom (AVGO) shares reached an all-time high ahead of the company’s quarterly results, due this Thursday, supported by strong fundamental drivers:

→ Partnership with Microsoft: Media reports suggest Broadcom is in talks with Microsoft to develop custom AI chips.
→ Analyst

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