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GBP/USD, EUR/USD, USD/CAD Analysis: The Dollar Falls Sharply after the Fed Meeting The American currency, having strengthened after the release of inflation data in the United States, fell sharply against almost all leading currencies yesterday. The reason for the sharp weakening of the dollar...

Natural Gas Prices Recover from 6-month Lows Since November 1, the price of natural gas has fallen by more than 30%. This was facilitated by: → relatively mild weather at the beginning of the winter period; → record volumes of liquefied gas production, as reported by Reuters. Analysts estimate...

Market Analysis: Powell's Speech Weakens USD Yesterday, the Federal Reserve published a unanimous decision to leave the base rate unchanged for the third time in a row, which coincided with the expectations of most market participants. At the conference that followed, Powell's rhetoric was not...

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Falling ahead of Fed Report At the upcoming meeting, the American department is not expected to take steps aimed at changing monetary parameters. At the same time, officials will likely abandon overly hawkish or dovish rhetoric and focus on incoming...

Will the BoE Reduce Interest Rates or Not? Markets Appear Nonchalant The Bank of England is expected to keep interest rates at the current level at tomorrow's meeting and is not actively pursuing further increases in the near future. More intriguingly, economists are now contemplating the...

GBP/USD Analysis: Price Approaches Important Support In November, the 1.25 level acted as resistance, but after a bullish breakout, it began to provide support (as shown by the black arrows). However, recent events are increasing bearish pressure. Among them: → yesterday's news on inflation...

Market Analysis: GBP/USD Dips While USD/CAD Could Extend Gains GBP/USD is moving lower from the 1.2650 resistance. USD/CAD is rising and might aim for more gains above the 1.3620 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a fresh...

Crude Oil Ends Freefall, but Is It Back in the Black? In the early stretch of December, the WTI Crude Oil market experienced a sudden and substantial downturn, sending shockwaves through the financial landscape. From a robust $77.71 per barrel on November 29, the value plunged to just over...

Sharp Change in BTC/USD Price: Causes and Consequences On Monday morning, the price of bitcoin fell sharply. As the chart shows, the BTC/USD rate fell below 42,000 on Monday during the Asian session. According to Coinglass, the decline resulted in about $400 million worth of positions being...

Watch FXOpen's 4 - 8 December Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: AUD/JPY, RATE HIKES, S&P 500, WTI Oil 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...

AUD/JPY Analysis: Rate Falls to Important Support This morning, the AUD/JPY rate dropped below 95.2 yen per Australian dollar for the first time since late October. The weakening of the AUD was contributed by: → negative news regarding the Chinese economy. The Hang Seng Index set its 2023 low...

S&P 500 Analysis: Why Santa May Have Problems Rallying It is traditionally believed that the Santa Rally occurs at the end of December and the first days of January, but according to many opinions it is acceptable to think that it begins much earlier. At the beginning of December, the values...

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Stable Despite Weak Employment Data Yesterday, statistics from the United States on the dynamics of open vacancies from JOLTS were published. In October, their number decreased by 617.0k to 8.733 million, which turned out to be the lowest result since...

Will rate hikes end when 2023 ends? Finally, after a seemingly endless period of interest rate increases by the US Federal Reserve over the past few years, there is some degree of inkling that the rate rises may come to an end at the end of this year. This morning, some mainstream media...

WTI Oil Price Drops to Lowest Level Since July As the chart shows, the price of a barrel of US crude oil dropped below 72.10 per barrel yesterday for the first time since July 2023. Fundamentally, this happened against the backdrop of: → Statistics showing that US oil exports are increasing...

Gold Price Retreats From Highs and Crude Oil Price Dives Gold price is correcting gains below the $2,050 support. Crude oil prices declined steadily below the $75.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price rallied to new...

USD/JPY, USD/CAD, and EUR/USD Analysis: The US Dollar Corrected in Anticipation of PMI Data Release In the first trading hours of the current five-day period, the American currency made a number of attempts to regain the positions lost last week and begin an upward correction. Thus, the...

S&P500: The end of a significant rally? Opinions vary across the financial markets this morning as the S&P 500 index, a prestigious benchmark tracking the performance of 500 major US companies, takes centre stage in recent market discussions. Just days ago, on the first trading day of...

Market Analysis: Gold Falls from Record High by $100 in 1 Day The record high of about USD 2,130 an ounce was set just after the weekend in low-liquid Asian markets. By the nature of the movement, it looked more like a cascading triggering of sellers’ stop losses, rather than finding a stable...

5 Stocks To Consider in December 2023 As we approach the curtain call for 2023, it's time to reflect on a year filled with market-shaping events. From the resurrection of tech stocks to the fall of financial institutions, the capital markets sector has been anything but dull. Against a...