The risk-on party stays the course in the European morning Perhaps investors have already braced themselves after the at the end of last month but so far they are taking the unprecedented implosions in the PMI readings so far today in stride.

GBP/USD moves back above its 100-hour moving average ForexLive The major currencies bloc – except the yen – is starting to see a familiar pattern in trading against the greenback today as all dollar pairs have breached key near-term levels to sit in between both key hourly moving averages.

There will be no 'lock in' briefings upon the change ForexLive As a result, the February CPI data scheduled for 0930 GMT this Wednesday will be changed to be released at 0700 GMT instead. The same will apply for the February retail sales data on Thursday this week as well.

Trump is up and tweeting on the day "The World market for face masks and ventilators is Crazy. We are helping the states to get equipment, but it is not easy. Just got 400 Ventilators for @NYCMayor Bill de Blasio.

ScoMo is delivering a press conference in Canberra – Australia to close shopping centers from midnight tomorrow – Australia to close beauty salons, some other personal services ForexLive

EUR/USD is looking to keep above its 100-hour moving average ForexLive The pair has been consolidating losses around 1.0650 to 1.0800 over the past few sessions before we see a rise of more than 1% today back above the 1.0800 level.

Latest data released by Markit – 24 March 2020 – Prior 52.5 – Manufacturing PMI 42.9 vs 40.6 expected – Prior 49.8 – Composite PMI 30.2 vs 38.1 expected – Prior 52.0 ForexLive