The US dollar eased back against its major peers again, falling to its lowest level in a week against the euro. While US initial jobless claims are expected to show a massive increase when data is released this afternoon.

Investors have breathed a sigh of relief in the past couple of days, with action from US monetary authorities returning a modicum of calm to...

The Trump administration and US Senators agreed a massive stimulus package to to allay the impact of the COVID-19 virus on the US economy.

The main trend in the FX market yesterday has continued into Tuesday trading thus far, with the US dollar easing back against most major and...

For the first time in a number of weeks, investors had a handful of relevant macroeconomic data releases out of the major economies to digest this morning.

An unprecedented stimulus announcement from the Federal Reserve halted the dollar rally in its tracks. While the comprehensive package should help support equities and drive down treasury yields, it has allayed fears of a dollar funding crisis in the market.

Euro Area and UK PMI data provided the first insight into the impact of the coronavirus containment measures.

The spread of the coronavirus and the extreme measures taken to control the pandemic have wreaked havoc in financial markets worldwide. In currency markets, the reaction has been a headlong flight into the supposed safety of the US dollar. Every major currency worldwide fell sharply against the greenback last week, even the Japanese yen.