The USD/CAD pair dropped to a daily low of 1.4150 on Friday but staged a rebound during the American trading hours. As of writing, the pair was tradin

United States Baker Hughes US Oil Rig Count fell from previous 683 to 664

"We will need to take the next steps, we are strengthening measures," British Prime Minister Boris Johnson said on Friday while speaking at a news con

The British government will help companies pay wages for the first time in history with a coronavirus job retention scheme, British Finance Minister R

Last week, XAU/USD recorded its worst weekly decline since 1983, erasing the early 2020 bull-run while now challenging the 200 DMA (daily simple movin

It was another intense week with the coronavirus outbreak keeping investors on their toes and blindly running into the dollar. Valeria Bednarik, a Chi

AUD/USD has crashed to the lowest levels since 2003 amid the coronavirus crisis. Late March's daily chart is pointing to oversold conditions, as FXStr

<p>The Canadian dollar (CAD) has come under heavy pressure over the past few weeks in the wake of dramatic economic and financial developments. Investors flight to safety into $US-denominated assets and the dramatic decline in world oil prices have had a major impact on foreign exchange rates. The CAD reached a low of 68.1 US […]

<p>The rapid ramp-up of containment efforts to combat the spread of COVID-19 in North America has accelerated sharply over the past two weeks. Similar measures in other countries, South Korea and China, for example, appear to be successful at slowing the spread of the virus. The measures undertaken to-date in North America (widespread closure

<p>Measures to stem the spread of COVID-19, while essential to protect the population, have temporarily wiped out demand for services from restaurant meals and entertainment to dental hygiene and child care, taking an immediate heavy toll on Canadian labour markets. While office workers with the ability to work remotely face less disruption,