Gold markets of course have been very volatile during the trading session on Wednesday, as we approached the $1700 level.
Blogs
WTI Crude Oil Forecast: Showing Signs of Slight Promise – 26 March 2020
The West Texas Intermediate Crude Oil market initially fell during the trading session on Wednesday but turned around as inventory numbers were a bit better than anticipated.
France's Economic Activity is 65% of Usual Levels – 26 March 2020
According to the French official statistics agency (INSEE), economic activity and household spending in France is currently at about 65 percent of the usual activity levels
Data Shows UK Economic Decline Began Before Corona Spread – 26 March 2020
Data out in the United Kingdom on Thursday showed that British retail sales did not grow at all in February,
Forex Today: How Will the US Stock Market Move? – 26 March 2020
Catch up on the Forex market and global news with our recap for March 26, 2020 here.
US Dollar Rises on Historic Jobless Claims
US initial jobless claims crossed the wires at 3.2 million, marking the sharpest rise in history for the figure amid the current global pandemic
USD/CAD Price Weakens Further Ahead of Crucial US Jobs Release
The recent sell-off in USD/CAD continues, but at a slower pace, ahead of the first key data print out of the US, the weekly initial jobless claims release.
Why is GBP/USD Impacted by Equities?- CAD & Oil Link Breaks Down: Cross-Asset Correlation
Why is GBP/USD More Impacted by Global Equities? Canadian Dollar and Oil Relationship Breaks Down.
British Pound (GBP) Latest: GBP/USD Trending Higher Despite Poor Data
The recent modest rally in GBP/USD is still in place despite poor UK retail sales data, suggesting further small gains for the pair.
GBP/USD Outlook Ahead of BoE Rate Decision, US Jobless Claims
The British Pound may face liquidation pressure ahead of the BoE rate decision at the same time that traders may be scrambling to the haven-linked USD after jobless claim data is released.