Weekly Overview of CFD Movements - 17/08/2026 - 21/08/2026
August 26, 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 jumped to a three month high after the US announced it would double its bond purchases which pushed treasury yields lower and weakened the dollar against its rivals.
The British pound climbed to a six-month peak, recording its fourth week of gains. The move reflected stronger UK data, which backs current expectations that the Bank of England will increase interest rates before the end of the year.
The USD/JPY declined on dollar weakness throughout the week, but ongoing concerns about the Japanese economy pared greater gains.
Gold prices increased to their highest levels since the end of May after falling treasury yields and ongoing geopolitical tensions combined to boost the precious metal.
The US S&P 500 pulled back on profit taking and inflation concerns. On the other hand, pharmaceutical Moderna surged 130% over the week after the company announced successful phase 3 trials of its skin cancer vaccine.
Oil prices advanced to an almost four- week high after the US stated it would impose the “toughest sanctions in history” on Iran and countries that trade with it. The prospect of further disruption to global oil supply boosted oil prices.