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Trump thinking about a county by county approach Here's the problem this this: If there are advantages to being 'low' risk, then you have an incentive not to test.

Banks considering calling a halt to home purchases The UK finance industry body says it's struggling to operate the mechanics of home sales during the virus and is in talks with the government about whether to stop home purchases, .

Hopes for G20 help fall flat WTI crude oil is down 7%, or $1.68 to $22.82 today. Coming into the day, there was some hope that something would come out of the G20 on oil. Reports yesterday said American officials were pushing for some kind of coordinated output cut but there has been nothing at […]

Reports 6153 new coronavirus cases. This is the most in 5 days ForexLive

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Lombardi earlier reported a jump in deaths Daily cases at 6,153 vs 5,210 yesterday. Total Italy cases are 80,539. The number of new deaths overall was lower at 662 compared to 683 yesterday. The mortality rate in Italy continues to run far higher than anywhere else.

Global demand continues to slow IEA chief Fatih Birol said demand may fall as much as 20 million barrels per day. There is no solution coming from the supply front.  

Low from Friday also in play It has 4-5 hours since the 200 hour MA was tested.  There has been a new low, but that just moved to test the low from last Friday at 109.32.  The 200 hour MA is currently at 109.47 and the price is scraping against both those levels. 

High reaches 1.1044 The EURUSD has reached the 100 day MA target at 1.10424. The high for the day reached 1.1044 so far. The move took the price above a topside channel trend line at 1.1018.  That is a close risk level to eye. If momentum develops below the level, we could see more downside […]

Analysts at Danske Bank argue that 10Y US treasury yields will fall to 0.50% over the next couple of month, as the economy stays under pressure and Fe