Month: March 2020

Check out our daily recap of the latest Forex and market news around the globe for Wednesday, March 25, 2020 here. – The global coronavirus pandemic continues to increase exponentially from its epicenter in Europe and the U.S.A, with more and more countries imposing severe restrictions which are causing very […]

The Pound Sterling was able to maintain its rally versus the US Dollar and remained steady against the common currency Euro during London trade on Tuesday. The Pound has experienced a tremendous selloff against the safe-haven US Dollar which has experienced great favor as confidence has eroded in the financial […]

According to the International Monetary Fund, several countries from the Middle East and Central Asia have asked for financial aid due to the coronavirus outbreak. The director of the Middle East and Central Asia department at the International Monetary Fund, Jihad Azour highlighted that economic policy responses should be focused […]

Cryptocurrency prices have surged in the past 24 hours, adding some $14 billion in value to the cryptocurrency markets, which had been vulnerable to massive selloffs as the global economy has struggled due to the spread of the coronavirus. Bitcoin, the most popular cryptocurrency, surged over 10 percent in a […]

Here are the latest Forex and market news around the globe for March 24, 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 damage. A global […]

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 […]

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 […]

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 […]

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 […]

Economists polled by Reuters believe that the global recession has already started, reports published on Friday revealed. The COVID-19 virus that has spread globally has sparked some of the deepest emergency stimulus measures in history, and the measures have been implemented worldwide. Panic selling has plagued the markets, sending stock […]