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Bank of England Maintains Interest Rates at 5.25% Amidst Global Economic Dynamics In a move that marks the third consecutive instance, the Bank of England has opted to maintain its benchmark interest rates at 5.25% on the 14th of December. While this decision deviates from the recent trend of...

GBP/USD, EUR/USD, and USD/JPY Analysis: Yen and European Currencies Retreat from Recent Highs The sharp decline in the US currency that we observed after the Fed meeting slowed down slightly towards the end of last week. Thus, the pound/US dollar currency pair rebounded from 1.2700, the...

USD/JPY and NIKKEI React to Bank of Japan Decision This morning, the Bank of Japan decided to leave interest rates unchanged at -0.10%. Its head, Kazuo Ueda, stated that: → the chances that the current ultra-loose monetary policy will change in January are very small; → further decisions of...

Trading schedule for the 2023-2024 Winter Holiday period Dear Traders, Please be aware of the trading schedule changes for the Christmas and New Year holiday period (all times are GMT+2): Friday, December 22 Commodities CFDs: UK Brent (XBRUSD) — trading until 22:00. Index CFDs...

FXOpen announce the release of TickTrader 2.15 FXOpen is delighted to announce the release of TickTrader 2.15, the latest version of the TickTrader trading platform. Read more below about the exciting new features developed to enhance your trading experience with us. Our dedication to...

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Recovers as Rate Cuts Are Not Expected The dollar rose on Friday after Fed spokesman Williams tempered expectations for a rate cut and reiterated that the central bank remains focused on bringing inflation down to its 2% target. Williams was the first...

Interest Rate ETF Diversifies Trading Portfolio at Poignant Time Electronic trading has never been so advanced. Recently, a wave of demand for diverse instruments has emerged among many traders, and in keeping with such a demand, FXOpen has added 19 new exchange traded funds (ETFs), which are...

USD/CAD Analysis: Rate Reaches Its Minimum in 4 Months On Friday, the rate dropped below 1.366 for the first time since the beginning of August. This was facilitated by fundamental drivers: → The US dollar weakens after the Federal Reserve meeting, which signaled the possibility of lowering...

EUR/USD: Price Is Again Testing Psychological Level of 1.10 An eventful news background creates increased volatility in financial markets. Unlike the Fed, whose rhetoric is becoming softer, Europe's central banks are sticking to plans to maintain tight policies. The ECB said yesterday that...

EUR/USD Resumes Rally While USD/CHF Drops To Support EUR/USD started a fresh increase above the 1.0890 resistance. USD/CHF declined and now struggling below the 0.8700 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro rallied after it broke the 1.0890...

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...

USD/JPY, GBP/USD, EUR/USD Analysis: European Currencies in Consolidation Phase, Yen Declining Better-than-expected US labour market data contributed to a sharp rise in the dollar against the yen and commodity currencies. At the same time, the euro and pound fell slightly, while managing to...

US CPI Data: Dollar Down As Rate Uncertainty Sustains Volatility As the clock ticks towards 13:30 GMT, financial markets are bracing for the release of the Consumer Price Index (CPI) data for November, a pivotal metric that provides a snapshot of the current state of the United States economy...

Market Analysis: Financial Markets Waiting for Important News Get ready for a surge in volatility in the coming days, because: → today at 16:30 GMT+3: news will be published on inflation in the USA; → tomorrow at 22:00-22:30 GMT+3: news from the Federal Reserve on the interest rate will be...