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The FTSE 100 gapped higher to show extreme signs of strength, as the market jumped above the 5000 level in the futures contract.

The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Tuesday but found resistance near the $25 level to give back the gains.

The US Dollar was broadly lower for a third straight day during London trade on Wednesday as the latest stopgap measures has been tentatively agreed to

Despite measures from the U.S. government to bailout the country’s economy, the U.S. dollar still shows potential for significant volatility in the coming days

Check out our daily recap of the latest Forex and market news around the globe for Wednesday, March 25, 2020 here.

Weakness to remain for the Mexican Peso as coronavirus risks dominate. However, downside risks are more broadly balanced.

The extreme volatility in the price of gold continues this week with the precious metal having already traded in a $155/oz+ range.

Sterling will likely continue to edge higher, along with other assets seen as inherently risky, after the deal on a $2 trillion coronavirus aid package in the US. However, the rally remains brittle.

EUR/USD may retrace some of its recent gains if German IFO and US durable goods orders data pushes the haven-linked US Dollar higher after its brief pullback.

Gold was a modest casualty of improved Asia Pacific risk sentiment, rooted in hopes that a massive stimulus deal is on the verge of passing Congress.