Watch FXOpen's October 17-21 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.

  • Semiconductor war between China and the US
  • The US puts pressure on the price of oil
  • UK inflation officially goes over 10%
  • How UK’s political drama is affecting financial markets

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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Latest articles

Shares

Amazon (AMZN) Shares Struggle to Find Support After Weak Report

As the chart shows, Amazon (AMZN) shares have displayed pronounced bearish momentum following the release of a weak earnings report on 5 February:

→ Revenue: $213.4 bn (forecast: $211.4 bn)
→ Earnings per share (EPS): actual $1.95, forecast $1.

Commodities

Silver Price Stabilises

As indicated by today’s ATR reading on the XAG/USD chart, trading activity has returned to the more normal levels seen prior to the third week of January, when:

→ silver entered a phase of exuberant growth towards its record

Forex Analysis

USD Under Pressure Ahead of NFP: Yen and Loonie in Focus

The dollar continues to decline ahead of the US January labour market report and has yet to show signs of firm stabilisation. Pressure on the US currency persists, although it is possible that following the release of the employment data

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