The reports that the UK and the EU reached a deal pushed the GBP up immediately.
Tag - forex exchange
The reports that the UK and the EU are close to complete a draft Brexit deal have pushed the British pound higher.
Besides the trade optimism, the jobs data supported the Canadian dollar today.
Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time
GBP/USD has plunged below the 50-day SMA and tested the support at 1.2196.
The euro weakened and dragged the EUR/USD pair down
Welcome to Thursday!
The yellow metal could not stay for a long time near the $1,401 level.
The level of retail sales released today came out lower than the forecasts.
Will the USD be supported on Thursday?
This Monday is quite calm, as there are not so many events on the agenda. However, the rest of the week will have enough trading opportunities.
The Australian dollar gained on the news that China considers buying more agricultural goods from the US.