Thursday, 10 September 2020

GBP/USD Slammed by Brexit Drama, Dollar-Yen Eyes Inflation Data

The US Dollar endured a turbulent trading session on Thursday as volatility accelerated on the back of renewed risk aversion, which caused major FX pairs like EUR/USD, GBP/USD, and USD/JPY to whipsaw.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...