Presidents’ Day — News Archive

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Pound Falls on Johnson’s Brexit Comments Amid Low Liquidity

The Sterling pound today fell against the US dollar as the UK and the European Union continue to play hardball with each other ahead of the official Brexit negotiations. The GBP/USD fell for most of today’s session amid low-liquidity conditions, given that the US markets remained closed even as the country celebrates President’s Day.

Euro Rallies on Trade Talk Hopes, Drops on Shift in Investor Sentiment

The euro today rallied higher against the US dollar driven by investor hopes of a breakthrough in the ongoing Sino-US trade talks and a risk-on market sentiment. The EUR/USD currency pair’s performance today was largely driven by market sentiment given that US markets were closed in celebration of Presidents’ Day holiday.

EUR/USD Declines as American Markets Remain Closed

The EUR/USD currency pair today declined for the second consecutive session in a global market characterized by low volatility given that US markets remain closed as the country celebrated  Presidents’ Day. The US markets were not the only ones closed, as Chinese markets also remain closed due to the ongoing Chinese New Year celebrations.

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