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Forex

ECB Lagarde: Covid-19 has led to an unprecedented contraction of economic activity

Lagarde speaks to European parliament For the full text of her speech . CLICK HERE Last week the ECB surprise the market by increasing bond purchases by €600 billion.

Forex

Fed's Kashkari: Now is not the time to be cautious in spending

The United States has an extraordinary fiscal capacity to borrow and spend as needed to get through the coronavirus crisis, Minneapolis Fed President

Forex

Mnuchin says he spoke with top Republicans today and they agree on stimulus

Mnuchin said they agreed on targeted stimulus Treasury Secretary Mnuchin said he spoke with Trump, McConnell, McCarthy and Meadows today and they all agreed there should be targeted fiscal stimulus.

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