Rates as of 04:30 GMT Market Recap It’s the usual. US stocks collapsed (S&P 500 -4.9%), bringing the YTD fall to 15.2%. Asian stocks all deeply…
A surprisingly strong EUR isn’t helping a eurozone economy which is currently dealing with the effects of the COVID-19 outbreak and could give European Central Bank…
The EUR/USD may finally be in for a slight recovery which provides for a short-term BUY opportunity. The EUR/USD has reported steady losses on fears of…
Rates as of 05:00 GMT Market Recap Generally a “risk on” day after China announced it was considering more stimulus measures to support the economy, such…
Trade disputes, Brexit, US poitics…it’s all disappeared. The market is now dominated by the novel coronavirus COVID-19 and its potential impact on the Chinese economy in…
Rates as of 05:00 GMT Market Recap A relatively quiet day for data and an absence of headlines about the coronavirus led to a “risk on”…
EUR/USD has hit a four-month low overnight after ECB President Christine Lagarde defended the stimulus measures being wary of possible side effects. EUR/USD is currently at…
Market Recap Yesterday was “Day A,” a risk-on day. Today is “Day B,” a risk-off day as stocks in Asia turn lower. JPY and CHF are top, AUD…
Having failed to push higher the USD seems to be losing steam. Yesterday, the US Federal Reserve left rates unchanged as widely expected, claiming that the…
The EUR is in full swing lower for a second consecutive session. Having failed to break out at psychological resistance at 1.1200 we might now see…
