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The Dollar Is Strengthening, Driven by Employment Data Yesterday's US labour market data indicated an increase in employment, dampening hopes of an interest rate cut. The Labor Department stated on Thursday that initial claims for state unemployment benefits fell by 16,000 to 187,000...

NASDAQ 100 Reaches Historic High. META Shares May Surpass the Historical High The American stock index NASDAQ 100 has set a new historical high, surpassing the psychological mark of 17,000 points. The growth was attributed to: → Analysts at Bank of America raising the rating of AAPL stocks...

Market Analysis: GBP/USD Recovers While EUR/GBP Dives Below Support GBP/USD is attempting a recovery wave above the 1.2690 resistance. EUR/GBP declined steadily below the 0.8585 and 0.8570 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is...

OPEC Forecasts an Increase in Oil Demand in 2024 Yesterday, the monthly oil market review was published: → OPEC expects global oil demand to increase by 2.25 million barrels per day (b/d) in 2024, representing a 2.2% increase compared to 2023. → In 2025, OPEC predicts a demand increase of...

The UK100 Price Plummeted After the Publication of Inflation Data Yesterday, the stock market in the United Kingdom experienced a sharp decline following the release of new inflation data. The UK100 price, reflecting the leading British stock index FTSE, dropped approximately 1.5%. Moreover...

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Reaches a Monthly Maximum The dollar rate rose yesterday as a market reaction to the statement by Christopher Waller, a member of the Federal Reserve Board, who advocated for a more measured approach to the launch of the monetary easing cycle...

FXOpen: GLOBAL Partnership Program Start your partnership with FXOpen broker! Our partnership program is designed for Forex market participants, IBs, Forex gurus, bloggers and vloggers, webmasters and site owners, investors, advertising platforms and everyone, who is interested in making...

Market Analysis: Gold Price Dips Again and Crude Oil Price Turns Red Gold price is correcting gains below the $2,040 support. Crude oil prices declined steadily below the $72.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price...

The Dollar Continues to Strengthen since the Beginning of the Year The dollar index is hovering at a one-month high against a basket of currencies as remarks from Federal Reserve Chairman Christopher Waller dampened expectations of a March rate cut. He said that while the U.S. is "within...

US Dollar a Bastion of Strength After Christopher Waller's Calm Speech Yesterday was a day that many corporate giants and private individuals across the United States had been waiting for, as it was the day during which Federal Reserve Bank governor Christopher Waller gave an official speech...

Microsoft Becomes the Most Expensive Company in the World, Surpassing Apple According to the results of trading shares of AAPL and MSFT yesterday, the market capitalization is: → Apple: USD 2.875 trillion. → Microsoft: USD 2.887 trillion. This is facilitated by: → positive expectations of...

Tesla's Bleak Month Continues, but Is It Really That Bad? Share price volatility has been synonymous with Tesla for many years now, the company's unique, somewhat giant character echoing the polarising nature of its founder and CEO, Elon Musk. An unusual company among its big-cap peers, Tesla...

US Dollar Holds Up Well Despite Slight Inflation Increase Spurring Pessimism This morning, as the week's trading begins, a small fly has landed in the otherwise very clear ointment with regard to the anticipated interest rate reductions that Western central banks could make during the early to...

EUR/USD, GBP/USD, USD/CAD Analysis: The Dollar Declines after the Release of Data on the Producer Price Index The dollar fell on Friday after US producer prices fell unexpectedly in December, fueling expectations of an imminent US rate cut. The final demand producer price index decreased by...

BTC/USD price and the “Three Black Crows” pattern On January 11, the highly publicized Bitcoin ETF began trading after it was officially approved by the SEC. On this day, the price of Bitcoin exceeded USD 48,800, as shown by the chart. Bloomberg writes that new US spot funds achieved net...

Watch FXOpen's 8 - 12 January Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: FTSE, NIKKEI, AUD/USD, BITCOIN ETFs 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...

EUR/USD, GBP/USD, and USD/JPY Analysis: US Dollar Weakens after Inflation Data The US dollar weakened after data showed US consumer price inflation in December exceeded economists' expectations. This has raised some doubts that the Fed will cut rates. US consumer prices rose in December as...

Inflation Data Changes Market Sentiment US CPI data published yesterday did not meet expectations. Analysts predicted 3.2%, but in fact it turned out = 3.4% (value a month ago = 3.1%). This hardly means a reversal of the large-scale trend toward weakening inflation (a year ago CPI = 6.5%), but...

Market Analysis: AUD/USD and NZD/USD Eye Key Upside Break AUD/USD is moving higher and might rally if it clears 0.6725. NZD/USD is also rising and could extend its increase above the 0.6255 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar...

ForexCup Trading Championship 2024, a contest for traders to win $50,000 Dear ForexCup Community, We're thrilled to announce that the ForexCup Championship website has undergone a makeover in preparation for the upcoming 2024 season! The spotlight of these changes is the revamped prize money...