Pound volatility distressed firms. Sterling dropped this month to lows not seen in decades against the dollar. Shortly after its lows in forex, the currency…
he U.S. Dollar dropped broadly and below the $100 mark after the rise in jobless claims.
The U.S. dollar continued to decline as investors awaited unemployment claims in the United States.
The U.S. Dollar rebounds and steadies. Its decline and gains in riskier currencies halted as the greenback funding tightened.
Swiss sight deposits are money that commercial banks park with the central bank overnight.
Possible global recession triggered a surge in demand for the US dollar.
The Australian dollar plunged 3% against the US Dollar on Thursday.
The US dollar has managed to rise on Tuesday, benefitting from demand from traders after a lackluster Monday trading.
Morgan Stanley strategists suggested the time has come to sell the US dollar.
Norwegian Krone plummeted 9% on FX Market Thursday following COVID-19 outbreak and the sharp dip in oil price. Economic indicators in Norway are following the oil…
European Central Bank is expected to offer economic stimulus in the light of COVID-19 outbreak.
The Bank of England cuts interest rates to counter the impact caused by COVID-19.
The Russian ruble plummeted almost 10% due to falling oil prices.
CAD falls in the forex market as crude oil prices downtrends with the Dow Jones and S&P 500.