Weekly Overview of CFD Movements - 28/09/2026 - 02/10/2026
October 7, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
The EUR/USD fell to a sixteen-month low, but pared some losses late in the week after Friday’s NFP data came in lower than expected.
The British pound finished the week slightly lower despite Tuesday’s rousing speech by UK Prime Minister Andy Burnham about his vision for the country and better than expected UK GDP data.
The USD/JPY bounced off an almost two-week low early in the week to close higher after concerns over US borrowing caused Treasury yields to rise, strengthening the dollar.
Gold prices edged lower despite US inflation linked data and the jobs report came in lower than expected. Meanwhile, the markets are no longer pricing in a Federal Reserve interest rate hike this month.
The US S&P 500 edged lower while the tech heavy Nasdaq 100 hit another record high after Micron posted better than expected earnings. On Friday Tesla’s quarterly delivery numbers were better than expected at 486,532.
Oil prices fell and closed below $90 as a response from Iran was awaited to the latest peace proposal from the US. President Trump announced that another aircraft carrier was on the way to the Middle East, hinting that the military option remains on the table.