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GBPUSD

GBPUSD Breaks Below 1.29 USD Safe Haven Status On The Bid

GBPUSD trades close to daily lows amid USD strength across the board. Coronavirus concerns shift investors attention to the safe-haven US Dollar. Investors ignore the recent strong economic data from the UK economy as the coronavirus uncertainty threats global economy. On Friday, the UK Manufacturing production rose in February at [...]
gbpusd

FTSE 100 Slumps Amid Coronavirus Spread in Europe

FTSE 100 started the week sharply lower following heavy losses in Asian stocks trades amid increasing coronavirus cases across the globe.  More cases confirmed in South Korea and Japan during the weekend while the spread of the virus in France  and Italy weighs on sentiment. Now investors will face an [...]