Here is what you need to know on Thursday, September 5th: The dollar edged lower against all 0f its major rivals, except the Japanese Yen, as investors continued discounting the dismal ISM Manufacturing PMI. Sentiment improved on better-than-expected Chinese data. ECB’s future head, Christine Lagarde, said that, given persistently low inflation, a highly accommodative policy is warranted for a prolonged period. No surprises there, EUR/USD advanced on dollar’s broad weakness. The Pound extended its rally on hopes a hard-Brexit will be avoided. MPs approved a bill to block a no-deal Brexit until at least January 31, 2020, which is now going into the House of Lords. UK PM Johnson quickly responded by calling for elections on October 15, claiming that the delay will effectively end Brexit negotiations. The Canadian dollar soared as the Bank of Canada left rates unchanged as widely anticipated, while the accompanying statement was far from dovish. Crude oil prices, in the meantime, rose roughly 5.0% daily basis, as better-than-expected Chinese data eased fears about a global economic downturn. Multiple Fed’s officials spoke through the US session but failed to impress investors, as they repeated their well-known stances toward the future of monetary policy, without offering new details on what could happen this September. Crude oi prices added roughly 5.0% as better-than-expected Chinese data eased concerns about a global economic downturn. Cryptocurrencies maintained the bullish strength with BTC/USD nearing 11,000 at the end of the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Cryptocurrencies price prediction: Bitcoin, Ethereum, Litecoin – American Wrap – 04 September FX Street 4 years Here is what you need to know on Thursday, September 5th: The dollar edged lower against all 0f its major rivals, except the Japanese Yen, as investors continued discounting the dismal ISM Manufacturing PMI. Sentiment improved on better-than-expected Chinese data. ECB's future head, Christine Lagarde, said that, given persistently low inflation, a highly accommodative policy is warranted for a prolonged period. No surprises there, EUR/USD advanced on dollar's broad weakness. The Pound extended its rally on hopes a hard-Brexit will be avoided. MPs approved a bill to block a no-deal Brexit until at least January 31, 2020, which is now… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
