Risk-on sentiment gets better on the comments by Chinese commerce minister
Tag - usd
USD/MXN had a very bullish August. The pair is currently testing the resistance line connecting the highs of 2017 and 2018 at 20.12.
The market's mood is sour as investors have lost hope of the reconciliation between the United States and China and Brexit risks mounted. Learn more!
XAU/USD has broken above the 50% Fibo of the 2011-2015 decline at 1,480 and the previous August high at 1,535.
British pound is under pressure as the risk of a no-deal Brexit increase. Check the ther movers.
The trade war, the key political day in Italy, the Brexit news, and how to trade them.
Focus on more events from the economic calendar
The United States will release the level of preliminary GDP growth on August 29, at 15:30 MT time.
Traders remain cautious due to the trade tensions...
Yesterday GBP/USD found the support of the weekly pivot point at 1.2213. As long as the pair remains above this point, it has a chance to test higher levels.
There's some optimism about the potential trade deal between America and China, but traders are still cautious. All in all, there are some interesting trade setups. Watch the video to learn more!
The escalation of the trade war between the US and China moved the Forex market at the beginning of the week…