The US Dollar was able to keep most of the gains its made overnight though worries over the Coronavirus pandemic have kept market players on edge.
Blogs
Japanese Exports Lower in February
Japanese exports fell for the 15th consecutive month in February, as shipments to the United States and China contracted.
Mnuchin Warns on U.S. Unemployment Rates
The United States has enjoyed historically low unemployment rates in recent years, but Treasury Secretary Steven Mnuchin warned Republican senators
Government/Banks Efforts Fail to Appease Markets
Analysts say that the Japanese Yen as a safe haven asset could move lower on signs that global policymakers are prepared to proactively provide economic support.
Rate Cuts Won’t Aid UK Economy in the Short Run
The United Kingdom's Office for Budget Responsibility, Charlie Bean said on Tuesday that he doesn't think that a cash rate cut would aid Britain's economy in the short run
Central Banks: Monetary Easing to Tackle Coronavirus
In an unprecedented step, global central banks, led by the US Federal Reserve, decided on Sunday to provide monetary incentives to the global economy by enhancing liquidity amid the collapse of global financial markets due to the spread of the Coronavirus.
Does Wall Street’s Decline Signal a Depression?
With millions of people of people forced to stay home around the world, mental depression has a good chance of sneaking its way into the global psyche.
Sterling Bounces Against Greenback
The Federal Reserve's surprise rate cut on Sunday helped to provide the Pound Sterling with a lift during Monday trade in London,
Bank of Japan Eases its Monetary Policy
During an emergency meeting, the Bank of Japan decided to ease its monetary policy, as they announced their intention to buy exchange-traded funds "aggressively"
Dollar Plummets on Fed Rate Cut – What’s Next?
The U.S. dollar fell by 1.5 percent against the Japanese yen during early trade in Asia on Monday as the markets reacted to the Federal Reserve’s emergency interest rate cut