Bank of England increases QE and lowers rates. The full statement from today's emergency meeting The role of the Bank of England is to help to meet the needs of UK businesses and households in dealing with the associated economic disruption.
Fed's Barkin: We're working to address market problems as they become apparent
Comments from the Richmond Fed President to Reuters There's nothing particularly notable here, no one is looking to Barkin for strategy on testing. It's clear the Fed won't let anyone fail. They'll take any collateral and lend in any amount.
BOE Bailey: Time to act was now. Can't wait for data.
New BOE Chief Baily speaking to reporters with comments BOE Bailey is speaking to reporters: The after an emergency meeting earlier today. ForexLive
Richmond Fed Pres. Barkin: US economy undergoing very significant shut down
Fed's Barkin speaks on phone interview with Bloomberg ForexLive
Boston Fed Rosengren: Expects markets to stabilize in the next week or two
Feds Rosengren speaks to CNBC ForexLive
RBNZ and Riksbank offer new emergency programs
New Zealand and Sweden try to ease the pressure The RBNZ rolled out a term auction facility that will kick off tomorrow. They confirmed the swap lines with the FEd and said they're providing liquidity to ensure funding can be accessed at rates near the cash rate. The auction facility will be on terms up […]
There is no limit down in cash forex
Trade continues in forex despite the closing of futures tade due to limit locks (its not actually closed, I explained here: ) US equity futures circuit break triggered – ES limit down
US emini S&P500 futures are trading below limit up
My previous post was: What limit up means and what is happening now …. Limit up means the contract is not allowed to move up more than 5% in overnight
Market Volatility Spells Trading Opportunity
These are certainly strange and uncertain times as of late COVID-19 has wreaked havoc across the globe with over 204,000 cases reported worldwide and over 8,000 deaths.
Do you have the growth mindset as a trader? If not, get one.
It's all in how you approach your trading In her book "Mindset: The New Psychology of Success", Carol Dweck characterizes people in two general buckets.