Sterling stabilizes on Carney's remarks
British pound stabilized against US dollar today, after BoE President Mark Carney's comments and strong data.
Carney said the UK banking and financial system is prepared for the impacts of a no-deal Brexit.
Carney added that the central banks around the world have enough tools to face any possible slowdown or recession.
He also stated that the inversion of the UK and the US yield curve is not a reliable sign alone to indicate a near recession.
Otherwise, the British services index rose by 4% last month, while the jobless claims held at 28.2K better than forecasts of 29.3K, and the unemployment rate fell to 3.8% lower than forecasts of 3.9%.
By 19:58 GMT, GBP/USD stabilized at 1.2348, with a high of 1.2375 and a low of 1.2306.
Silver closes higher, recovers earlier losses
Silver rose today unlike gold, as silver was successful in attracting haven demand after concerns emerged in the markets due to Trump's decision to dismiss the US national security adviser.
Trump said that he had fired national security adviser John Bolton due to deep fundamental disagreements between him and Bolton, and he will nominate a new figure for the post by next week.
Otherwise, by 20:00 GMT, dollar index rose by 0.1% to 98.3 points, with an intraday high of 98.4 and a low of 98.2.
The markets are also anticipating the ECB and the US Fed meeting this week and the next, in addition to the US-China trade talks.
Silver futures (December delivery) rose by 0.1% or 1.9 cents to $18.186 an ounce, with a high of $18.265 and a low of $17.855.
Gold closes lower, gives up $1,500 barrier
Gold prices today while US dollar rose slightly, amid market's hopes about the US-China trade talks, which pushed gold lower.
Trump said via his Twitter account that he had fired national security adviser John Bolton as the White House is no longer needs his service.
Trump added that there are deep fundamental disagreements between him and Bolton, which led to his dismissal and he will nominate a new figure for the post by next week.
By 19:27 GMT, dollar index rose by 0.1% to 98.3 points, with an intraday high of 98.4 and a low of 98.2.
Gold prices futures (December delivery) fell by 0.8% to $1499.20 an ounce, the first time to close below $500 since August 6th, with a high of $1509.1 and a low of $1494.3.
Dollar rises slightly on Trump's decision to dismiss Bolton
US dollar rose today as the markets are closely following the impact of Trump's decision to sack his national security adviser.
Trump said via his Twitter account that he had fired national security adviser John Bolton as the White House is no longer needs his service.
Trump added that there are deep fundamental disagreements between him and Bolton, which led to his dismissal and he will nominate a new figure for the post by next week.
Some interpreted that is due to Bolton refusal to open any dialogue channels between the US and Iran on its nuclear program.
The markets are also anticipating the ECB interest rate decision this week with forecasts of another rate cut to support the European economy.
By 18:53 GMT, US dollar index rose by 0.1% to 98.3 points, with an intraday high of 98.4 and a low of 98.2.