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Euro Forecast: EUR/USD Outlook Worsens as Aid Talks Accentuate Divisions
Last week’s squabbling between Eurozone finance ministers on how best to mitigate the economic impact of the coronavirus pandemic has weakened the long-term outlook for the Euro.
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Forex and Cryptocurrency Forecast for April 13 – 17, 2020
<p>First, a review of last week’s events: </p> <p>- EUR/USD. The Old and the New Worlds continue to compete to see who will pour more money into their economies. But what is the old Europe compared to the United States! On Thursday, April 10, after many days of discussion, the EU Finance Ministers narrowly reached […]
Former ADSS CEO Philippe Ghanem Becomes Executive Chairman at SquaredFinancial
The industry veteran and entrepreneur re-joins the Cyprus-based financial services firm this month
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Gold Price Rebound May Fizzle on Coronavirus Economic Impact
Gold prices managed a spirited recovery from 2020 lows as the Fed leaned in to keep shaky credit markets from triggering a credit crisis. That may not keep liquidation pressure at bay.
Volatility Drives Up Slumbering Retail Volumes: GAIN Hits Fresh Record
With clients hedging and rebalancing their portfolios, GAIN Capital’s retail traders transacted $388.6 billion in March.
Corona-led Price Drop Casts Pall Over Crypto Scammers’ Revenues
The total daily value sent to cryptocurrency scams dropped 61 percent between March 13 and March 31.
G20 Energy Summit statement does not mention size of output cut – Reuters
Citing a delegate from the G20 energy ministers extraordinary meeting held on Friday, Reuters reports that the statement after the meeting is said to