Watch FXOpen's May 1 - 5 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.

  • Unexpected interest rate hike in Australia strengthens AUD
  • Market reaction to the Fed's decision
  • Crude oil is at lowest point in over a month as US economy teeters and supply changes
  • The Netflix chill – shares hit one-month low over past few days


‌‌
‌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

Indices

The US Dollar Index (DXY) Turns Lower

Capital flows into gold amid rising geopolitical and broader market risks, together with Jerome Powell’s remarks about potential criminal prosecution, have not only driven XAU/USD to record highs (as discussed earlier today) but have also put pressure on

Forex Analysis

Market Analysis: AUD/USD and NZD/USD Pull Back, Caution Creeps In

AUD/USD failed to stay in a positive zone and declined below 0.6700. NZD/USD is also moving lower and might extend losses below 0.5700.

Important Takeaways for AUD/USD and NZD/USD Analysis Today

· The Aussie Dollar

Commodities

Gold Price Breaks Above $4,600 for the First Time

At the opening of Monday’s session on 12 January, gold (XAU/USD) gapped higher and briefly moved above the psychological $4,600 level, setting a new all-time high.

Bullish drivers:

→ Geopolitical tensions. Following developments in Venezuela, market attention has

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.