The US dollar has been all over the place as of late, especially against the Japanese yen.

For seven consecutive trading sessions, the EUR/USD pair is trading in the range of a declining channel driven by the strong demand the US dollar after the recent Federal Reserve Bank decisions that stimulate the American economy in the face of a possible economic recession.

It’s very likely that the market will continue to find plenty of reasons to sell as we continue to weigh the oversupply of crude oil against the lack of demand.

Wednesday's trading session was the bloodiest for the British pound in the face of the strong USD and the strong demand from investors to buy it.

Some optimism has returned to the financial markets after the recent actions by the United States of America to face the consequences of the Coruna epidemic and its threat to global economic growth.

Oil futures have been falling since last Wednesday as Brent futures plummeted by 13.08 percent and Western Texas Intermediate oil futures dropped 12.8 percent.

Last week, gold futures had the biggest weekly loss since September 2011, losing around 9.6 percent.

In recent days the major global central banks have been attempting to take action against the effects of the spread of the coronavirus, which is currently disrupting the day-to-day life

The Aussie has been plummeting since Thursday last week, losing about 0.65 percent since then until the end of Tuesday's session.

Market participants are once again concerned (or, perhaps, more concerned than they have been lately) because of the effects of the coronavirus epidemic on global economic performance.