On Wednesday the price of Brent crude fell to $26.01 per barrel its lowest level since September 2003.
Aussie and Kiwi Dollars Hit by Market Jitters
Panic selling by FX trades sent high-risk currencies tumbling to multi-year lows during London trade on Thursday.
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.
Dollar Plummets on Fed Rate Cut – What’s Next?
The U.S. dollar fell by 1.5 percent against the Japanese yen during early trade in Asia on Monday as the markets reacted to the Federal Reserve’s emergency interest rate cut
Bank of Japan Eases its Monetary Policy
During an emergency meeting, the Bank of Japan decided to ease its monetary policy, as they announced their intention to buy exchange-traded funds "aggressively"
Sterling Bounces Against Greenback
The Federal Reserve's surprise rate cut on Sunday helped to provide the Pound Sterling with a lift during Monday trade in London,
Does Wall Street’s Decline Signal a Depression?
With millions of people of people forced to stay home around the world, mental depression has a good chance of sneaking its way into the global psyche.
Central Banks: Monetary Easing to Tackle Coronavirus
In an unprecedented step, global central banks, led by the US Federal Reserve, decided on Sunday to provide monetary incentives to the global economy by enhancing liquidity amid the collapse of global financial markets due to the spread of the Coronavirus.
Rate Cuts Won’t Aid UK Economy in the Short Run
The United Kingdom's Office for Budget Responsibility, Charlie Bean said on Tuesday that he doesn't think that a cash rate cut would aid Britain's economy in the short run
Government/Banks Efforts Fail to Appease Markets
Analysts say that the Japanese Yen as a safe haven asset could move lower on signs that global policymakers are prepared to proactively provide economic support.