Weekly Market Wrap With Gary Thomson: BRENT OIL PRICE, BRITISH POUND & US DOLLAR, META
FXOpen
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- The price of Brent oil has reached the level of resistance. Will this July become the best month since June 2022?
- The hyperbole around British pound indicates a huge decline, but a long-term view says otherwise
- The US dollar weakens after the Fed's decision to raise rates. Will the bears be able to break through the support block, or will the bulls intend to use it as a support for a new swing?
- META shares up 7% after report. The social media giant's Q2 results encouraged investors as ad revenue surged, the company is embracing AI, monetization of Instagram and Reels.
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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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