The dollar recovered from earlier losses and headed near to a three-year high during London trade on Monday as a selloff in equities worldwide continued to ripple. That self-off helped to raise the greenback’s safe-haven appeal; the greenback has experienced a major rebound against most of its major rivals, rising […]
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ECB Willing to Take Further Measures if Necessary – 23 March 2020
The European Central Bank’s Governing council member, Ignazio Visco said on Monday that the recent measures that the bank took against the effects of the coronavirus outbreak are sufficient and effective. Nevertheless, the bank is ready to implement further measures if necessary. “The set of measures adopted has been effective […]
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U.S. Relief Bill Stalled in Senate – 23 March 2020
President Donald Trump’s flamboyant $1-trillion+ coronavirus relief bill failed to pass in the Senate on Sunday, receiving widespread criticism from Democrats that the bill offered more relief to corporations than it did to citizens and smaller businesses. Democrats also charged that more assistance was needed for state and local governments […]
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Forex Today: Stocks Suffering Heavily – 23 March 2020
Get the market news and latest updates around the globe with our market briefing for March 23, 2020. – The global coronavirus pandemic continues to spread exponentially within Europe and from its epicenter in Europe, with more and more countries imposing lockdowns and restrictions which are causing very significant economic […]