Weekly Market Wrap With Gary Thomson: Nasdaq 100 Index, GBP, SNB Interest rate, Brent Crude Oil

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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.

  • Nasdaq 100 Index Reaches 20,000 points for the First Time
  • GBP Awaits Bank of England Verdict: Volatility Ahead?
  • SNB Unexpectedly Lowers Interest Rate from 1.50% to 1.25%
  • Brent Crude Oil Price Hits Highest Since 1 May

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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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Forex Analysis

Market Analysis: AUD/USD and NZD/USD Take Hit, Turn Red

AUD/USD declined below the 0.6855 and 0.6830 support levels. NZD/USD is also moving lower and might struggle to recover above 0.6225.

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

· The Aussie Dollar started

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Analysis of XAU/USD: Gold Price Drops to a Two-Week Low

The XAU/USD chart shows that yesterday, the price of gold fell below $2610, a level not seen since 20th September.

Bearish sentiment has been driven by the continued strengthening of the US dollar. According to Trading Economics:

→ This is

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