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Everything is on the table There are specific provisions against this kind of thing in ECB treaties but all the rules are getting tossed out at the moment. ForexLive

<p>The coronavirus crisis prompted investors to rush for US dollars, with the greenback skyrocketing against a basket of major currencies by nearly 9% over the past ten days in the aftermath. To ease the panic and avoid currency shortages in the banking sector, the Federal Reserve decided to enhance its latest stimulus package by increasing d

<p>In the United States, all eyes will be on the weekly jobless claims, which will be released at 13:30 GMT on Thursday. This will reveal how much damage the virus outbreak has already inflicted on the US economy, and investors are terrified that the number of Americans filing for unemployment benefits is about to skyrocket […]

<p>US stocks are rising higher after lawmakers appear very close to finally reaching a stimulus deal and after the G7 pledged they will do whatever it takes to restore economic growth. Despite all the unprecedented stimulus from central banks and governments, a bottom is not in place. Passive investing is starting to pick up after […]

<p>EURCHF is trading slightly above the five-year low of 1.0515, flirting with the 20-day simple moving average (SMA) and the immediate resistance at 1.0615, which coincides with the 40-day SMA. The market is remaining well below the descending trend line, creating a strong selling trend which began eleven months ago. Technically, the RSI ind

<p>Gold futures (GC) are screaming higher this morning as demand is surging.  The Exchange for Physical (EFP) market is having difficulties meeting the demand for gold for their clients, and therefore spreads between the futures market and the physical markets are blowing out. According to Investopedia, an EFP is a private agreement between t

<p>WTI oil eased $1 in European trading on Tuesday after attempt to extend recovery stalled at $25.64. Oil was boosted by Fed&#8217;s latest steps to bolster the economy, hit by corona virus pandemic, but $2 trillion-worth aid package is still waiting for approval of the Congress. Weaker dollar after Fed&#8217;s announcement also help

<p>Global markets are in the midst of a classic “Turnaround Tuesday” as we go to press, with US index futures trading near “limit up” levels, commodities rallying, and bonds trading lower across the globe. With little in the way of immediate progress on a “big bazooka” US fiscal package, the UK going on lockdown yesterday […]

<p>The March PMIs gave a first piece of evidence that the euro area economy is heading for a steep recession. The service sector, which has so far borne the brunt of the virus containment measures, registered the sharpest fall in activity on record. The manufacturing sector – long the weak spot of European growth – […]

<p>On Monday, the EUR/USD currency pair raised to the resistance formed by the monthly S1 and the weekly PP near 1.0850. During today’s morning, the pair was testing the given resistance. If the given resistance level holds, it is likely that some downside potential could prevail in the market. In this case the exchange rate […]