The GBPUSD currency pair has literally skyrocketed as Germany’s Angela Merkel said that finding backstop solution ahead of the Brexit date of 31 October was still possible. That’s the first clear sign that EU politicians might be willing to cooperate with Boris Johnson after all and certainly a massive positive for oversold pound. The pair leaped from 1.2150 to 1.2260 in a matter of minutes – the highest level in August.
Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains 💡
EURUSD down 0.5% amid US PPI inflation report🚨
Daily Summary – Bessent Rescues the Dollar, Fed Delivers Hawkish Pivot
BREAKING: FED maintains the rates!↔️🚨