Tuesday, March 24th—the news of the day: British PM Boris Johnson announces strict lockdown measures for all citizens. European markets rise after the Fed's stimulus, Stoxx 600 is up 4%, coronavirus epidemic in Italy seems to be entering a slowdown. EUR/USD is at 1.0849, GBP/USD—1.1700, both rising; Brent oil is …
Monday, March 23rd—the news of the day: 2020 Summer Olympics in Tokyo can be canceled amid the coronavirus outbreak. Analysts say that the markets are extremely oversold, Dow Jones futures dropped over 600 points in one day, oil prices return to positive movement. EUR/USD is at 1.0689, GBP/USD—1.1558, both falling; …
What to expect from the American currency? Why do some currencies get stronger, while others are plummeting? For how long will the bearish sentiment prevail in the market? Grand Capital experts have analyzed the list of the most unstable and strongest currencies in relation to the dollar during the current …
Friday, March 20th—the news of the day: California governor issues a stay-at-home order, G7 leaders will meet via video conference over coronavirus fears. Current rates: EUR/USD is at 1.0782, GBP/USD—1.1871, both rising. The price of Brent oil has reversed upwards, now is $30.45 per barrel. Dow Jones Industrial Average and …
Thursday, March 19th—the news of the day: Asia faces a second coronavirus wave as infected citizens return from abroad amid a relaxed quarantine. Current rates: EUR/USD is at 1.0859, GBP/USD—1.1583, both falling. Brent oil also continues to fall, the current price is $26.70 per barrel. Two more countries close borders …
The coronavirus pandemic has triggered a dramatic chain of events that are plunging the world into crisis. What does it mean for traders and investors, and why an economic crisis is the right time for trading? Let’s figure this out with the help of experts from Grand Capital.