The Swiss National Bank decided to leave the cash rate unchanged at -0.75 percent, leaving the 3-Month Libor Target Range unchanged between -1.25% to -0.25%.
Recession Has Already Started: Analysts
Economists polled by Reuters believe that the global recession has already started, reports published on Friday revealed.
Australian Dollar Whipsaws on Latest Stimulus, Eyes on Currency Intervention – US Market Open
AUD/USD Whipsaws, RBA Announce Stimulus Package, Eyes on Currency Intervention and US Data to Show Coronavirus Impact
GBP/USD: Pound Sterling Pops as BoE Cuts Rates to 0.1%, Boosts QE
GBP price action jumped immediately after the Bank of England, or BoE, announced an emergency 15-basis point interest rate cut and increase to its bond purchase program.
S&P 500 Price Outlook: Coronavirus Panic Selling Erases Trump Rally
S&P 500 plunged more than 30% as the Coronavirus panic sell-off drives the index into support at three-year lows. Here are the levels that matter on the SPX500 charts.
Crude Oil on Pace for Worst Monthly Decline in its History
Crude oil plummeted to its lowest level since 2002 on Wednesday before bouncing off the $20 mark alongside a modest gain in stocks. Still, the commodity is vulnerable.
U.S. Dollar Continues Climb as Investors Favor Cash
The U.S. dollar hit fresh highs against the Australian and New Zealand dollars on Thursday as traders sought cash due to continued coronavirus panic.
Mnuchin Warns on U.S. Unemployment Rates
The United States has enjoyed historically low unemployment rates in recent years, but Treasury Secretary Steven Mnuchin warned Republican senators
Japanese Exports Lower in February
Japanese exports fell for the 15th consecutive month in February, as shipments to the United States and China contracted.
Yen Broadly Higher on Rising Demand
The US Dollar was able to keep most of the gains its made overnight though worries over the Coronavirus pandemic have kept market players on edge.