The Dollar was left reeling on Wednesday as the promise of a $2 trillion virus-related aid package for American companies and households stoked global risk appetite and encouraged and unwinding of the great dash for cash that was seen earlier in March, a process that is tipped by some analysts to continue for a while yet.
March 25,2020
The Dollar weakened amid a recovery of risk appetite Tuesday although it could now be facing an outright downturn because the Federal Reserve (Fed) is blocking its path higher and the U.S. epidemic curve is steepening.
March 24,2020
The Dollar was seen trading lower on Monday, March 23 following the announcement of a raft of initiatives by the U.S. Federal Reserve to support the U.S. economy, of which the headline measure was the introduction of an unlimited programme of quantitative easing
March 23,2020
Economists at Goldman Sachs are forecasting a severe slump in the U.S. economy owing to the coronavirus outbreak, which is expected to lead to notable declines in the services, manufacturing and construction sectors.
March 31,2020
The Pound-to-Dollar rate closed out its worst week since the financial crisis on Friday as financial markets continued to hemorrhage capital, although the charts are still tipping the exchange rate lower while few if any fundamental analysts see the Dollar weakening any time soon,
March 22,2020
The Dollar folded in on itself Friday, enabling the Pound-to-Dollar rate to recover sharply off earlier lows after the U.S. Senate pushed ahead with a large spending program and central banks stepped in to successfully catch a falling bond market knife ahead of the weekend.
March 20,2020
The Pound-to-Dollar rate was in recovery mode Thursday after surging in response to a surprise Bank of England (BoE) to go all-in with its support for the economy, although whether or not the move is simply a 'dead cat bounce' ahead of another brutal sell-off remains to be seen.
March 21,2020
Page 168 of 377
