The euro ended a six-day rally and finished the day around 1% lower versus the dollar. However, the Euro Area economy looks set to be particularly hard hit.

Concerns regarding an acceleration in the spread of the virus have caused many of the world’s governments to put in place strict containment measures designed to allay its impact. Mainland Europe has been particularly hard hit and is now very much at the epicenter of the crisis.

The enormous volatility in financial markets continues, but at least now it comes in the form of two-way moves, rather than the relentless falls of the previous week. Stocks and credit rebounded worldwide as gargantuan programmes of monetary and fiscal stimulus were announced on both sides of the Atlantic.

A in depth review of how financial markets have reacted to the coronavirus pandemic. What has been the impact on the FX market and what might we see next?

Enormous volatility in financial markets continues but not only leading to relentless falls as seen during the previous week. Stocks and credit rebounded as huge programmes of monetary and fiscal stimulus were announced.

The dollar retreated against almost all of its major peers on Thursday following another sharp increase in COVID-19 cases in the US and some...

The dollar was hit again following another sharp increase in COVID-19 cases in the US and worrisome labour market data.

The US dollar eased back against its major peers again on Thursday morning, falling to its lowest level in a week against the euro.This week...