Weekly Market Wrap With Gary Thomson: GBP/USD, FTSE 100 DROPS, S&P 500 REACTS, AMAZON
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
- In Forex, GBP/USD reaches a new high since the beginning of the year
- FTSE 100 drops 108 points in 5 days despite strong pound
- British pound flying high against US dollar as King Charles crowned
- Will Amazon hit last month’s highs again in May?
- S&P 500 reacts positively to declining inflation
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.
Latest articles
Market Analysis: EUR/USD Revisits Support While USD/JPY Eyes Bigger Recovery Move
EUR/USD declined from 1.1800 and traded below 1.1750. USD/JPY is rising and might gain pace above 158.00 and 158.80.
Important Takeaways for EUR/USD and USD/JPY Analysis Today
· The Euro started a fresh
Dollar Gains After CPI: USD/JPY and USD/CAD Test Resistance
The US dollar strengthened following the release of stronger-than-expected inflation data, which reinforced expectations that the Federal Reserve will maintain a restrictive monetary policy stance. US consumer prices rose to their highest levels since May 2023, renewing concerns over persistent
XRP/USD: Consolidation Amid Regulatory Expectations
Fundamental Background
The key event for XRP in May remains the fate of the CLARITY Act, which is expected to establish XRP’s status as a digital commodity at the federal level. According to CoinMarketCap, the Senate Banking Committee has