Here is what you need to know on Wednesday, August 28th: – Risk aversion took over in the US after, amid uncertainty related to the trade war, with majors holding within familiar levels. EUR/USD closed marginally lower, as the common currency came under selling pressure following German’s Q2 GDP confirmed at -0.1%. – UK opposition MPs agreed on a strategy to block a no-deal Brexit. Jeremy Corbyn, Labour leader, said that his party won’t seek a no-confidence vote on UK PM Johnson, but instead prioritize MPs’ attempts to use legislation to avoid a no-deal. Sterling gained on the news. – Fears of a US recession lifted by the inversion of the yield curve, with the benchmark yield on the 10-year Treasury note at around 1.47% and that of the 2-year note at 1.52%. – Yen and gold appreciated with the latest nearing 1,555.Oil gained, although commodity linked currencies gave up to risk aversion. 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 – 27 August FX Street 4 years Here is what you need to know on Wednesday, August 28th: - Risk aversion took over in the US after, amid uncertainty related to the trade war, with majors holding within familiar levels. EUR/USD closed marginally lower, as the common currency came under selling pressure following German's Q2 GDP confirmed at -0.1%. - UK opposition MPs agreed on a strategy to block a no-deal Brexit. Jeremy Corbyn, Labour leader, said that his party won't seek a no-confidence vote on UK PM Johnson, but instead prioritize MPs' attempts to use legislation to avoid a no-deal. Sterling gained on the news.… 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.
