Coronavirus

EURUSD Trades Higher as FOMC Cut Rates and Launched QE to Combat Coronavirus

The euro is third only to the yen and Swiss franc in terms of performance against the US dollar today.…

Mar 16, 2020, 08:29 GMT

FOMC Cuts Federal Funds Rates to 0%; Launches $700bn QE Program

In what seems to be a replay of the movie that played out during the 2008 global financial crisis, the…

Mar 15, 2020, 21:55 GMT

FTSE 100 Could Open Near Last Week’s Low, Down by 5.5% From Friday

At the time of writing, the FTSE 100 was be down by near 5.5% from Friday’s close and trading around…

Mar 15, 2020, 17:37 GMT

Copper Prices Rebound On China’s Promised Stimulus; Upside Limited

Copper prices rebounded on Friday after China announced a $570 billion stimulus package. The stimulus package, according to analysts close…

Mar 13, 2020, 15:59 GMT

Apple Share Price Rebounds As China Shops Reopen

Apple’s share price bounced noticeably on Friday from its intraday lows of 253.43 in a trade investment upgrade from Wells…

Mar 13, 2020, 15:33 GMT

Silver Prices (XAGUSD) Slide As Industrial Demand Drops Off

Silver prices extended their slide for the 6th consecutive day as travel bans and visa restrictions imposed to the coronavirus…

Mar 13, 2020, 14:33 GMT

Dow Jones Gets Reprieve After Worst Trading Day in 33 Years

The Dow Jones futures are up sharply today, helping the index asset to claw back on some of the losses…

Mar 13, 2020, 13:35 GMT

EURUSD Rises and Drops Steeply As ECB Holds Rates

The EURUSD has extended losses for the day after the European Central Bank (ECB) left interest rates unchanged. The holding…

Mar 12, 2020, 14:12 GMT

Dow Jones Futures Plunge Further As US Bans Flights from Europe

The Dow Jones futures extended its plunge on Thursday to officially take the index futures into the bear market territory,…

Mar 12, 2020, 12:51 GMT

Litecoin (LTCUSD) Drops 22% As Crypto Markets Join Global Selloff

Litecoin prices tanked nearly 22% in under one hour this Thursday as the cryptocurrency markets joined the global markets in…

Mar 12, 2020, 11:46 GMT

EURUSD Trades Higher After Trump’s Speech, WHO’s Pandemic Announcement, & Ahead of ECB

EURUSD is trading higher in today’s Asian session amid risk aversion sparked by Trump’s speech and WHO’s announcement. The currency…

Mar 12, 2020, 04:49 GMT

Copper Price Losing Ground As Coronavirus Fears Reappear in Markets

Copper price has resumed its downside trajectory as coronavirus-induced market fears continue to permeate the financial markets on Wednesday. Copper…

Mar 11, 2020, 15:58 GMT