Trump taking a chainsaw to Mnuchin's efforts? ForexLive
ForexLive Asia FX news wrap: Positive noises on a US Congress deal
Forex news for Asia trading Tuesday 24 March 2020 It was a huge surge for global equities during the timezone here today, and similar for currencies against a hapless USD, with a drip-feed of encouraging murmurs out of the US Congress on the prospects for a deal on the coronavirus economic relief package.
US Congress stimulus package – "progress," but say some issues still under review
US Treasury Secretary Mnuchin, Senate Democratic leader Schumer say they are optimistic for coronavirus stimulus deal on Tuesday – negotiators note "progress," but say some issues still under review in talks on u.s. coronavirus stimulus deal
Japan prime minister Abe, IOC president Bach to hold phone call later today
With more countries calling for a postponement, the decision is starting to look inevitable for Japan and the IOC Abe will be speaking with Bach later at 1100 GMT and while there are still about four weeks to discuss options, a change of dates and the cost of postponing the games will be something that […]
Japan stimulus package should include mix of steps such as cash handouts, coupons – official
Comments by a Japanese senior LDP official on the matter – Stimulus package should include measures that give direct boost to consumption – Supplementary budget must be compiled in time ForexLive
Latest PMI data releases something to watch out for in the European morning
We all know it is going to be bad, but just how bad? The dollar has seen a mixed reaction since and it looks like gold is now starting to come out of the shadows and into the spotlight instead. US stocks ended the day poorly still but the mood today is more optimistic with […]
Gold Prices Rise As Coronavirus Stimulus Curbs Cash-Out Impulse
Gold prices rose as hopes for massive economic life support curbed the previously overwhelming rush into cash. Enduring stock market gains saw some of that advance pared though.
ECB Willing to Take Further Measures if Necessary – 23 March 2020
The European Central Bank's Governing council member, Ignazio Visco said on Monday that the recent measures that the bank took against the effects of the coronavirus outbreak are sufficient and effective.
Demand Rises for Dollar's Safe Haven Appeal – 23 March 2020
The dollar recovered from earlier losses and headed near to a three-year high during London trade on Monday as a selloff in equities worldwide continued to ripple.
Canada to introduce new powers to spend money and raise taxes without having to get the approval of Parliament
Canadian media Global News with the report: The legislation has implications for the ruling party beyond just what is intended. Link here for more. CAD is a lot higher today, swept up in the USD selling right across the board we've been seeing the whole session: