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.

The Last Week’s Trading Activities In Perspective

By Christopher Lewis
Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

Last week was a mixed affair for the world’s major stock markets with all making ground. Friday marked the final trading session for April from the perspective of these summaries.

In Europe over the course of the week, the FTSE was down on last week’s close by 0.42% at 7428.2, it fell by 0.25% in April; the Dax ended at 12315, 0.76% up on last week’s close and making 2.5% on the month; the CAC was down by 0.2% to end the session at 5569.4, but it made 1.7% in April.

The Dow ended the week down, just, by 0.06% to close at 26543, but it made 0.45% on the month. The Nasdaq composite index was up by 1.9% over the course of the week at 8146.4, making 2.6% in April.

The Nikkei 225 ended the week’s trading up by 0.26% to end the session at 22259, making 2.1% over the month.

On the currency markets last week, the Yen again enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.2931 to the Pound, a gain of 0.53% on the week and 0.61% on the month. The Greenback was stronger against the Euro last week, rising by 0.8% to close at $1.1156 to the Euro, making 0.55% in April.

The Dollar weakened against the Japanese currency closing at 111.6 Yen to the Dollar, making a loss of 0.26% during the week, but ending the month virtually unchanged, down by just 0.06%.

The Euro was weaker against the Yen ending at 124.5, a loss of 1.1% over the course of the week and 0.63% on the month. It was weaker against Sterling last week, the close saw one £ buying €1.1592, a loss of 0.27% on the week, but up, just, by 0.06% over the month.

The Euro now buys 1.1367 CHF, a loss of 0.37% on the week, but a strengthening by 1.3% over April.

On the commodities market, the price for Brent crude ended at
$71.5 per barrel, a fall of 0.65% over the course of the week’s trading, but it ended the month up by 1.7%. The value of gold was higher last week closing at $1284.9 per ounce, a rise of 0.93% on the week, but a fall of 0.43% in April.

The data that supports this article is drawn from Bloomberg, The Financial Times and X-rates.

Christopher Lewis
About Christopher Lewis
Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.
 

Most Visited Forex Broker Reviews