As GBP/USD continues to trade close to the 1.23 level near-term, despite the hospitalization of UK Prime Minister Boris Johnson, volatility in the British Pound continues to drop.
Blogs
Stock Market Volatility Poses More Questions Than Answers – 08 April 2020
All three of Wall Street’s benchmark indexes closed lower on Tuesday after seeing significant spikes during the New York trading session
Forex Today: Markets Dominated by Relative Strength in GBP – 08 April 2020
Forex Updates for April 8: Despite the gloomy global economic outlook, stock markets (especially in the U.S.A.) are still rising, and other risky assets have also been boosted.
BTC/USD: Loss in Bullish Momentum to Spark Profit-Taking Sell-Off – 08 April 2020
Bitcoin enjoyed the relative calm in global financial markets over the past three weeks, offering yet more evidence that the cryptocurrency market is connected to the existing system
USD/CAD:Will the Corrective Phase Accelerate to the Downside? – 08 April 2020
Covid-19 related economic disruptions remain severely underestimated by financial markets, especially the long-term implications of it.
EUR/CHF: Breakdown Sequence Pending Amid Eurozone Divisions – 08 April 2020
Divisions across the European Union and the Eurozone are laid bare, as the global Covid-19 pandemic is shining a light on the core of economies.
GBP/SGD: Can Price Action Follow Bullish Momentum Higher? – 08 April 2020
UK Prime Minister Johnson remains in intensive care, and First Secretary of State Raab has deputized the PM since Monday.
Spain reports highest daily increase in coronavirus cases, deaths in four days
Another 6,180 new cases reported in the last 24 hours If anything, this just reaffirms that the flattening of the curve is still going to take more time and that we are still in the early stages of any turning point in the virus trajectory.
India to stock up on strategic oil reserves to take advantage of low prices – report
Bloomberg reports, citing officials with knowledge of the matter – India is set to snap up millions of barrels of Middle East crude – The purchases are in line with global efforts to stabilise energy markets The sources also say that the finance ministry has already approved the request and that India is seeking to […]
Germany's Scholz: Agreement is close but not yet secured
Comments by German finance minister, Olaf Scholz – Hopes for an agreement on finance measures before Easter – EU partners agreed on need for a recovery fund – Discussions are about deploying around €500 billion ForexLive