Gold Crashes, Trump’s New Fed Chair, What’s Going On? – Orbex Forex Trading Blog

By RoboForex Analytical Department The British pound sterling continues to decline steadily against the US dollar. The GBP/USD pair is trending towards 1.2848. On the one hand, the pressure from the USD rate is evident. On the other hand, investors are awaiting the outcome of today’s Bank of England meeting and its decision on interest rates….

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The euro is lower on Thursday. In the North American session, EUR/USD is trading at 1.0908, down 0.28%. The German economy has been struggling but there was positive news as German retail sales rose 1.6% in August and 1.5% in July, after declines of 1.1% in June and 1.4% in May. The four monthly releases…

We will kick things off with Lagarde’s opening address at 0845 GMT before proceeding to a bunch of debates throughout the day. You can check out the full agenda here. The first debate will be on “The Economic Environment Faced by the ECB’s Monetary Policy: Key Determinants and Structural Changes”. That will involve the ECB’s…