Weekly FX Update – 9 November 2017 (Video)

It’s been a week of reflection for financial markets, partially due to the number of major economic events that took place last week but also the sheer absence of any this week.

In this week’s update, Senior Market Analyst Craig Erlam touches on some of last week’s most notable events before discusses how all of this has impacted the currency charts. He also touches on a couple of this week’s noteworthy events, including the RBA and RBNZ monetary policy meetings.

Craig then gives his analysis on EURUSD (1:33), GBPUSD (4:03), EURGBP (6:15), AUDUSD (7:20), USDCAD (8:52), GBPCAD (10:46), NZDUSD (11:45), USDJPY (14:22), GBPJPY (15:33) and EURJPY (16:43).

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.