Last week, the Dow Jones realized important gains and close positively on Friday with 1.22%. In fact, the latest signs of progress in US-China trade relations relieved investors that leads to appreciate the US dollar against other currencies, especially the Euro. Concerning the commodities market, last week was characterized by the increase of Oil – West Texas crude price reaches 57,34 with a percent variation of 2.28%. On the other side, the Gold price has depreciated because worries decreased, that leading investors to prefer currencies and stock markets. The South Africa ZAR money was appreciated by 1.05% against the US dollar, showing a consolidation of the South Africa money.

The last week main markets prices and variations

Market in Focus: 11 November – 15 November 2019

We have a list of important events this week. The publication of the events can leads to a strong movement or a trend for the related currencies. The discussion of the events impacts will be done within the daily FOREX report.