Blogs

Only expiries of significance to note for Monday are in yen: USD/JPY –  110.00 496m –  111.00 360m –  111.10 547m –  111.50 656m –  111.52 750m

Further comments by Visco – Believes adopted measures are sufficient – But ECB is ready to do more if necessary – ECB ready to increase size of bond purchase programme ForexLive

Comments by ECB governing council member, Ignazio Visco – Greater coordination among European countries will allow everyone to come out of the virus crisis all together and with lower costs ForexLive

People's Bank of China  ForexLive

JGBs – BOJ offering an injection of liquidity  ForexLive

Kashkari being interviewed on US 60 Minutes show … that headline seems a pretty obvious statement  Interview is a taped one (from Thursday). – Says Fed will ensure banks have enough cash to meet demands

Luis de Guindos is Vice-President of the European Central Bank. Meanwhile, EUR/USD is losing ground, as are other currencies against the dollar ForexLive

<p>St Louis Fed President James Bullard warned that US unemployment could surge to 30% in Q2 because of coronavirus shutdown. The number, if realized, would be three times more than the peak in 2007-2009 recession. GDP could contract an unprecedented -50%, with a hit of around USD 2.5T. But he also noted that this is […]

<p>ECB Executive Board member Isabel Schnabel told German newspaper Frankfurter Allgemeine Sonntagszeitung that the central still have all of its tools available to mitigate the crisis. She said, “the ECB is in the comfortable position of having a large set of tools, none of which has been used to its full extent” “We have t

<p>A piece of good news regarding the coronavirus pandemic is that South Korea on Monday reported its lowest number of new cases since the peak on February 29. The KCDC said there were only 64 new confirmed cases, taking the tally to 8961. Death toll rose by 1 to 110. The number of deaths stay […]