Pound start the week on the backfoot versus other major currencies
The Pound is starting the week on the backfoot versus other major currencies. During the weekend fears grew over a ...
Tag: rate cut
FED goes “All in” to save the day?
I still remember the time when Wall Street vibrated and reacted sharply to "offal" like the size of the briefcase ...
Pound is collapsing on currency market
The Pound is quite simply collapsing on currency markets. The U-turn of Boris Johnson’s government on the measures to be ...
Crude oil close to historic lows
It might be that further reductions in interest rates and fiscal stimulus could put a temporary patch on the current ...
Dollar lost to Yen reflecting Fed’s emergency rate cut
Yesterday the Dollar lost more than 1% to the Japanese Yen, reflecting the Fed’s emergency rate cut of half a ...
Investor sentiment remain mixed as lack of global coordinated response to coronavirus crisis
Investor sentiment remains mixed in Europe with most benchmarks trading around their neutral zone. This may be a surprising trading ...
Gold jumped yesterday after Fed’s rate cut by 0.5%
Gold jumped yesterday after the Federal Reserve’s decision to cut interest rates by 0.5%. The decision was taken to anticipate ...
Gold celebrate surprising 0.50% rate cut by Fed
Gold is celebrating the surprising 0.50% interest rate cut that has just been announced by the Federal Reserve. The Fed ...
Weak US Dollar driven by fears of coronavirus crisis will cause global recession
The US Dollar is currently trading at $1.1085 versus the Euro, shedding another 0.3% during early Monday trading after losses ...
Red sea on Wall Street forces the FED to act
In total there were more than $3 trillion that disappeared in just five trading days in the North American market ...
