31 March 2020 JP Morgan: Coronacrisis Recession to be Worse than the Great Financial Crisis, Dollar Not Yet Done

"The unfolding global contraction is poised to supplant the Great Financial Crisis (GFC) as the new benchmark for extreme economic disruption – the current collapse in economic activity is much dee…

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29 March 2020 Pound-to-Dollar Week Ahead: Encountering Resistance on Charts with Dollar in Driving Seat

The Pound-to-Dollar rate closed out its largest weekly gain for over a decade on Friday but it's now tipped to ecounter resistance on the charts that could act as a road-block Sterling over the com…

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27 March 2020 Pound-to-Dollar Rate Volatile after Prime Minister Boris Johnson Says He's Got Coronavirus

The Pound-to-Dollar slumped on Friday, unwinding earlier whopping gains, after Prime Minister Boris Johnson said in a surprise announcement that he has tested positive for coronavirus but will cont…

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26 March 2020 Dollar Slumps 1.0% against Pound Sterling in Wake of U.S. Unemployment Surge

A new record was set today when it was reported 3.2 million Americans applied for unemployment support in the week ending March 21, which was well above the 1.7 million that markets were expecting,…

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26 March 2020 U.S. Dollar Today: All Eyes on Jobless Claims

It's a big day for the Dollar as market attention fixes on the release of weekly jobless claims, which will give a first taste as to just ho the 'corona crisis' will impact the world's largest econ…

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25 March 2020 U.S. Dollar Reels as $2 Trillion Virus Aid Encourages Reversal of Great Dash for Cash

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 …

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24 March 2020 Dollar Downturn Looms as Fed Blocks Path Higher and Epidemic Curve Steepens

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. epi…

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