Weekly Overview of CFD Movements - 14/09/2026 - 18/09/2026
September 23, 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 pair fell to its lowest level in seven weeks, below 1.1460, as the US dollar surged following the US Federal Reserve’s decision to raise interest rates to 4%. In Europe, Eurozone inflation came in at 3.2% in August, below the expected 3.3%.
The GBP/USD pair also hit its lowest level in seven weeks, near 1.3330, as the US Federal Reserve raised interest rates to 4% on Wednesday, supporting the US dollar. In the UK, the Bank of England kept interest rates unchanged at 3.75% on Thursday.
The USD/JPY extended its recovery last week, reaching its highest level in two weeks and moving above 158. The US dollar appreciated after the Fed raised interest rates for the first time since 2023. In Japan, the Bank of Japan raised interest rates to 1.25%, their highest level since 1995.
Gold prices ended the week higher despite initially testing a fresh six-week low below $4,250. Gold prices fell after the Fed raised interest rates to 4%, but they managed to recover, finishing the week near $4,400.
The US S&P 500 was little changed, finishing the week down 0.08%. The index initially fell to its lowest level in six weeks as the US Federal Reserve appeared more hawkish, but it eventually recovered by the end of the week as optimism over the upcoming US-China Summit improved market sentiment.
Oil prices moved lower, falling below $100 per barrel, as optimism over improving Saudi oil exports grew. Meanwhile, the US administration insisted that oil continued to flow through the Strait of Hormuz, opposing Iranian reports that they control the strait. In the USA, weekly oil inventories fell by 0.64 million barrels, but that was less than the expected decline of 1.6 million barrels.