by Moderator | Mar 11, 2020 | FX News
Investors once again were battered by the rise in the number of new coronavirus cases across the globe, especially in the US, Italy, and Japan. The US dollar was on a sell-off with the Treasury yields even after news that US President Trump won the Michigan...
by Moderator | Mar 3, 2020 | FX News
The Aussie dollar jumped in the Asian trading on Tuesday after the Reserve Bank of Australia’s surprise 25bps rate cut to cushion the economic blow from the virus spread. As a result, the market saw a slight recovery on global stocks in anticipation of...
by Moderator | Mar 2, 2020 | FX News
The Chinese yuan rose against the US dollar on Monday in Asia despite the release of downbeat manufacturing data. The Caixin PMI came in lower in February which is the lowest reading since February. Initial negative trading was seen earlier but due to the...
by Moderator | Feb 27, 2020 | FX News
Coronavirus pandemic fears intensify each day, especially after the World Health Organization (WHO), said that the virus is spreading faster outside China and likely to affect the global supply chain. Numbers rise in South Korea, while Denmark’s Health Ministry...
by Moderator | Feb 19, 2020 | FX News
Markets are calmer and Asian stocks bounced back after Beijing announced more measures to help the economy. Amid coronavirus fears, Chinese President Xi Jinping says that the dragon nation will be able to meet this year’s growth target. Coronavirus has already...
by Moderator | Feb 10, 2020 | FX News
Asian shares failed to recover on Monday as fears of Coronavirus keep on dominating the market, thus fueling the safe-haven bids. China is continually maximizing efforts to battle the nCov epidemic but the death toll still raised to more than 900 globally,...
