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Forex Today: Risk-off, Brexit, and a pinch of hope

1 month ago   |   By FXCM

Here is what you need to know on Monday, September 28:
Coronavirus concerns continued to weigh upon risk sentiment and backing a dollar's rally. The American currency closed the week higher against all of its major rivals. EUR/USD traded as low as 1.1611, settling not far above the level. The escalation in the number of coronavirus cases through all Europe and the announcement of restrictive measures in several countries will likely continue to pressure the shared currency.
The GBP/USD pair held above 1.2700, amid renewed hopes for a Brexit trade deal. The EU and the UK will start their...
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