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US virus cases accelerate, historic jump in jobless claims likely

The US dollar eased back against its major peers again on Thursday morning, falling to its lowest level in a week against the euro.This week...

Matthew Ryan CFA
26 March 2020
US virus cases accelerate, historic jump in jobless claims likely

The US dollar eased back against its major peers again, falling to its lowest level in a week against the euro. While US initial jobless claims are expected to show a massive increase when data is released this afternoon.

Matthew Ryan CFA
26 March 2020
Dollar falls back as massive US stimulus package agreed

Investors have breathed a sigh of relief in the past couple of days, with action from US monetary authorities returning a modicum of calm to...

Matthew Ryan CFA
25 March 2020
Dollar falls back as massive US stimulus package agreed

The Trump administration and US Senators agreed a massive stimulus package to to allay the impact of the COVID-19 virus on the US economy.

Matthew Ryan CFA
25 March 2020
FX Market Update - Dollar eases back on Fed stimulus, jump in US virus cases

The main trend in the FX market yesterday has continued into Tuesday trading thus far, with the US dollar easing back against most major and...

Matthew Ryan CFA
24 March 2020
PMI data points to deep European recession

For the first time in a number of weeks, investors had a handful of relevant macroeconomic data releases out of the major economies to digest this morning.

Matthew Ryan CFA
24 March 2020
PMI data points to deep European recession

Euro Area and UK PMI data provided the first insight into the impact of the coronavirus containment measures.

Matthew Ryan CFA
24 March 2020
FX Market Update - Dollar eases back on Fed stimulus, jump in US virus cases

An unprecedented stimulus announcement from the Federal Reserve halted the dollar rally in its tracks. While the comprehensive package should help support equities and drive down treasury yields, it has allayed fears of a dollar funding crisis in the market.

Matthew Ryan CFA
24 March 2020
Panicked flight to the dollar as worsening pandemic sends market reeling

The spread of the coronavirus and the extreme measures taken to control the pandemic have wreaked havoc in financial markets worldwide. In currency markets, the reaction has been a headlong flight into the supposed safety of the US dollar. Every major currency worldwide fell sharply against the greenback last week, even the Japanese yen.

Enrique Díaz-Álvarez
23 March 2020
Panicked flight to the dollar as worsening pandemic sends market reeling

The coronavirus pandemic continues to wreak havoc on financial markets worldwide. Oil dependent countries were the worst hit but every major currency has been affected.

Enrique Díaz-Álvarez
23 March 2020