British Airways has paused all flights to and from mainland China, and reports are circulating that U.S. President Trump is considering a similar ban on flights from the U.S., as reported cases of the coronavirus continue to rise, and the death toll climbs. The U.S. Center for Disease Control (CDC) […]
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Pound Range-bound ahead of BoE – 29 January 2020
The Pound Sterling was trading near to a 1-week trough versus the US Dollar as FX traders await tomorrow’s policy decision from the Bank of England. Dovish statements by a number of the voting members have raised expectations that another rate cut is highly likely. Analysts are forecasting that at […]
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For Some, Fed Focus Gives Virus a Breather – 29 January 2020
The first meeting for the Federal Reserve in 2020 will conclude later today, giving traders a chance to focus on the Fed’s comments rather than the coronavirus that has dominated both market movements and the news for the past several days. The Fed is largely expected to keep interest rates […]