The S&P 500 has formed a very bullish candlestick during the trading session on Tuesday, breaking above the top of the candlestick from the previous session.

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

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

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

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

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.

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.

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.

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

The USD/ZAR pair produced a parabolic move that almost reached the all-time high of 17.9169 set in January 2017, strategists at Rabobank apprise. Key