Here is what you need to know on Wednesday, August 21st: – Markets remained relatively calm ahead of FOMC Minutes and the Jackson Hole Symposium, as several central banks’ heads are scheduled to speak. – Italian political chaos steepened: PM Conte resigned, former counterpart Salvini said he won’t resign and may become the interior Minister. The League party later withdrew the no-confidence motion against Prime Minister Conte. EUR/USD held around 1.1100 at the end of the day, after touching a daily low of 1.1065. – The Pound was the best performer against the greenback, amid a light of hope coming from the Brexit front. German Chancellor, Angela Merkel who said that they must think about “practical solutions,” when referring to the Irish backstop, somehow hinting the EU is willing to discuss an alternative, although she quickly added that the withdrawal agreement wouldn’t be reopened. Hopes prevailed. -Save-haven assets closed the day with gains, amid persistent turmoil, equities lost momentum and ended the day with losses in Europe and the US. – Oil recovered modestly ahead of US stockpiles reports. – Slow action also among the crypto sphere. Modest intraday gains for Bitcoin 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 Bitfinex are set to appeal court decision to hand over documents FX Street 4 years Here is what you need to know on Wednesday, August 21st: - Markets remained relatively calm ahead of FOMC Minutes and the Jackson Hole Symposium, as several central banks' heads are scheduled to speak. - Italian political chaos steepened: PM Conte resigned, former counterpart Salvini said he won't resign and may become the interior Minister. The League party later withdrew the no-confidence motion against Prime Minister Conte. EUR/USD held around 1.1100 at the end of the day, after touching a daily low of 1.1065. - The Pound was the best performer against the greenback, amid a light of hope coming… 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.
