Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
AUD/USD languishes near YTD trough amid stronger USD, RBA's dovish tilt
AUD/USD seems vulnerable amid a bullish USD, which continues to draw support from expectations that the Fed will pause its rate-cutting cycle. Moreover, US-China trade war fears, along with the RBA's dovish shift, overshadow Thursday's upbeat Aussie jobs data and hopes for additional stimulus from China, validating the negative outlook for the pair.
USD/JPY stands firm near two-week top on fading hopes for BoJ rate hike
USD/JPY holds steady near a two-week high amid the growing acceptance that the BoJ will not raise interest rates at its meeting next week. Furthermore, the recent USD move up to a fresh monthly top, bolstered by expectations for a less dovish Fed, offers support to the currency pair.
Gold price steadies after Wednesday's pullback from over one-month high
Gold price consolidates the previous day's profit-taking slide from a five-week high as traders refrain from placing directional bets ahead of the crucial FOMC meeting next week. In the meantime, expectations for a less dovish Fed remain supportive of elevated US bond yields and a stronger USD, which might continue to cap the XAU/USD.
Pro-crypto French Hill selected as Chairman of the House Financial Services Committee
Republican party members selected pro-crypto French Hill as the Chairman of the US House Financial Services Committee on Thursday to replace retiring Patrick McHenry.
Can markets keep conquering record highs?
Equity markets are charging to new record highs, with the S&P 500 up 28% year-to-date and the NASDAQ Composite crossing the key 20,000 mark, up 34% this year. The rally is underpinned by a potent mix of drivers.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.