Blogs

Fed on the paycheck protection program If I'm not mistaken, the program is either already out of money or close. It will be valuable for banks who have lent to recapitalize but I don't know if that's going to make much of a difference in overall lending.

Comments by ECB president, Christine Lagarde The full statement by Lagarde can be found . here ForexLive

Equity markets around the world adapted a risk-on mood, sparked by a report indicating positive results of one Phase 3 remdesivir trial,

After a massive recovery across the cryptocurrency sector, off of the March lows, short-term fundamental pressure on Litecoin is rising.

Optimism on the prospects of Gilead Sciences’ remdesivir swelled after promising results of one Phase 3 trial were leaked,

Despite the misplaced optimism, the economy is more diverse than that of New Zealand, resulting in a mild bullish bias for the GBP/NZD.

The US dollar initially pulled back a bit during the trading session on Thursday, but then shot much higher as the volatility continues.

The Euro broke down a bit during the trading session on Thursday, reaching towards the 1.08 level.

The British pound has broken down significantly during the trading session on Thursday only to find buyers below the 1.24 handle.

The S&P 500 has gone back and forth during the trading session on Thursday, as we have chopped around just below the 50 day EMA.