The pair is declining amid the rising demand for risk assets, which puts pressure on the US dollar, the release of Canadian GDP, and the rising crude oil prices.
Technical side:
The price is located below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below …
Wednesday, September 30th, today’s news—Chinese PMI rose in September, Asian and Pacific markets are mixed. American and European markets fall following the presidential debates in the US, the dollar is stronger. The price of Brent oil is $41.06, WTI—$38.92, EUR/USD is at 1.1701, GBP/USD—1.2828, gold is $1,888.75 per ounce.
The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound from its high since September 15 against the Japanese yen following the developments and economic data that they followed on the Japanese economy and on the cusp of economic developments …
Don't have your language?
