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April 1, 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 traded at a three week high on Monday on optimism of moves towards peace in the Middle East. But the pair ended lower, as traders returned to the safe haven dollar.
The British pound traded lower after weaker than expected services data called into question market expectations of up to two rate hikes this year.
The USD/JPY rose to its highest level since July 2024 despite Japan’s Finance Minister Katayama warning that the country would take “bold action” if the yen continues to decline.
Gold prices opened the week by dropping to a four month low, but ended in the green as markets attempted to digest possible outcomes in the Middle East. While the US extended its pause on Iranian energy targets to allow time for negotiations, there is little optimism of a quick end to hostilities.
US S&P 500 stocks extended their losses as markets reacted to continued geopolitical uncertainty. Higher energy costs and anticipated inflationary pressures might weigh on future economic growth.
Oil prices jumped to close above $100 by Friday’s close after President Trump’s new 10 day deadline for Iran to negotiate a deal was not widely seen as an immediate fix to oil supply disruptions in the Middle East.