Rishi Sunak will become the next U.K. prime minister after his last competitor, Penny Mordaunt, withdrew, just minutes before a deadline to get support from 100 lawmakers. Sunak, the former chancellor of the exchequer, will become the first ethnic minority leader of the U.K. Sunak is set to speak in the next half hour.
EURUSD: high amplitude of fluctuations and fast movements
The EURUSD pair reacts strongly to the Federal Reserve decision, with the euro attempting to build up upward momentum. Discover more in our analysis for