Market News

The GBP/USD pair was not able to celebrate much on the release of positive results for the British economy, which pushed it towards the 1.2345 resistance level early this week.

The Pound Sterling held above a 3-week trough against the US Dollar during London trade as FX traders await the latest proposals on a Brexit deal from the Prime Minister.

In Asian trade, market players are waiting for the decision of the Reserve Bank of Australia.

The Pound Sterling edged higher in London trading, regrouping after last week's losses.

The AUD/USD pair continued its decline as losses reached the 0.6738 support, before closing the week around 0.6765

For the second week in a row, EUR/USD continues to fall below the 1.1000 psychological support

During trading on Monday, September 30, 2019, the financial markets will be interested in the release of economic calendar data

China's manufacturing sector has grown at its fastest pace since early 2018 in September despite persistent trade disputes with the United States

During last week's trading, it was a painful start for USD/JPY, where the price fell to 106.95, the lowest level in two weeks

China's top trade negotiator will lead the upcoming 13th round of talks aimed at resolving the trade dispute with the United States

The UK is due to leave the EU on October 31, and Prime Minister Boris Johnson has vowed that there will be no delays even if no agreement is reached

The US Dollar found support in Asian trade on easing concerns that the trade war between the United States and China was escalating.

The US Dollar was generally mixed in Asian trade, though sentiment is positive overall given support from an unexpectedly more hawkish outlook from the Federal Reserve bank

As the Brexit due date approaches, The Irish Taoiseach Leo Varadkar expressed his government openness to another extension to Article 50.

The Pound Sterling continues to be under sell pressure for the second consecutive day and is close to a 10-day trough.