Start Trading Now Get Started
Table of Contents
Affiliate Disclosure
Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Forex Week in Review - 6 April 2015

By Dr. Mike Campbell
Dr. Mike Campbell is a British scientist and freelance writer. Mike got his doctorate in Ghent, Belgium and has worked in Belgium, France, Monaco and Austria since leaving the UK. As a writer, he specialises in business, science, medicine and environmental subjects.

Last week was a mixed affair for the world’s major markets on a trading week foreshortened by the Easter holidays.

In Europe over the course of the week, the FTSE was down by 0.31%, it closed at 6833.5; the Dax ended at 11967, up by 0.83% on last week’s close; the CAC was up by 0.8% to end the session at 5074.1.

The Dow ended the week up by 0.29% to close at 17763. The Nasdaq composite index ended virtually flat, down by 0.09% over the course of the week at 4886.9

The Nikkei 225 ended the week’s trading up by 0.77% to end the session at 19435.

Currency markets review

On the currency markets last week the Euro enjoyed the best of the trading. The Dollar was weaker against Sterling last week closing at $1.4915 to the Pound, a loss of 0.41%. The Greenback slipped against the Euro last week by 0.95% to close at $1.099 to the €. The Dollar was weaker against the Japanese currency, closing at 119 Yen to the Dollar, making a loss of 0.3% during the week.

The Euro strengthened against the Yen ending at 130.7, a gain of 0.78% over the course of the week. It made ground against Sterling last week, rising by 0.7%; the close saw one £ buying €1.3572.

The Euro now buys 1.0450 CHF, a marginal loss of 0.04% on the week.

Commodities market review

On the commodities market, the price for Brent crude ended at $55 per barrel, a fall of 2.6% over the course of the week’s trading. The value of gold was lower last week, closing at $1198.5 per ounce, a loss of 0.39% on the week.

Dr. Mike Campbell
About Dr. Mike Campbell
Dr. Mike Campbell is a British scientist and freelance writer. Mike got his doctorate in Ghent, Belgium and has worked in Belgium, France, Monaco and Austria since leaving the UK. As a writer, he specialises in business, science, medicine and environmental subjects.
 

Most Visited Forex Broker Reviews