<p>U.S. Review Shock and Awful Daily life came to a screeching halt this week as governments, businesses and consumers took drastic steps to halt the COVID-19 pandemic. Financial markets seized up as it became clear just how much, and for how long, economic activity could be interrupted. The situation has rapidly progressed beyond being eithe

The US Dollar has soared as capital spooked by the coronavirus outbreak flooded out of global financial markets and into the most liquid cash on offer. More of the same seems likely.

<p>The anticipated market stabilization didn&#8217;t happen last week. Instead, despite massive monetary and fiscal stimulus, stocks around the world still ended sharply lower. Nevertheless, as stocks are showing sign of loss of downside momentum. Treasury yield has somewhat stabilized in range. We&#8217;d see that the rock bottom in

New York Governor Andrew Cuomo said on Friday that all non-essential members of the workforce in New York must stay at home. Market reaction Major equ

The EUR/USD pair is hovering at around 1.0740, and long-term technical readings indicate that bears dominate the scene, as FXStreet’s analyst Valeria

This Thursday, the Bank of England (BOE) cut interest rates and added 200 billion in Quantitative Easing (QE). GBP/USD is currently rebounding from the 1985 lo

Coronavirus headlines, PMIs for March and the Bank of England’s meeting are set to drive the pound next week, according to FXStreet’s Yohay Elam. Key

<p>Since our last update on Wednesday morningof global fiscal and monetary policy responses to the spread of COVID-19, we have seen a few notable developments: In Europe, more fiscal policy packages have been announced by countries and existing packages been fortified. Spain unveiled a EUR117bn – 9% of GDP – package (with private investment s

<p>Earlier this week, The Reserve Bank of Australia (RBA) had an emergency monetary policy meeting, in which they cut interest rates a record low of 25bps.  In addition, the RBA announced the start of their own quantitative easing program.  The government also put together a fiscal stimulus plan of nearly $10 billion dollars.  However, that [

<p>Country UK The UK is not taking the coronavirus lightly, despite initial criticism against the government to the contrary. The number of cases now stands at 3,983 with 177 deaths, a significant acceleration on a day earlier. Much darker days lie ahead but both the government and Bank of England have announced huge fiscal and […]