The sharp worsening of the coronavirus pandemic, which has led to nationwide lockdowns in Italy and Spain, has shaken world financial markets in the past week. The initial reaction was to send the euro higher, as the US yield curve evaporated and markets priced in Federal Reserve cuts all the way to zero.

The sharp worsening of the coronavirus epidemic, leading to nationwide lockdowns in Italy and Spain, shook world financial markets.The initial reaction was to send the Euro higher, as the US yield curve evaporated and markets priced in Federal Reserve cuts all the way to zero.

The Federal Reserve was one of the first major central banks to slash rates during the current crisis. This was followed up with another, more aggressive emergency cut on Sunday.

The worsening of the coronavirus crisis has shaken world financial markets. Currency market volatility continued. Find out what to expect this week.

The sharp worsening of the coronavirus epidemic, leading to nationwide lockdowns in Italy and Spain, shook world financial markets. The initial reaction was to send the Euro higher, as the US yield curve evaporated and markets priced in Federal Reserve cuts all the way to zero. However, the worsening epidemic news from Euro soon led to a reversal.

Financial markets remained volatile on Friday morning as investors continue to digest news of COVID-19 containment measures and their potent...

A lack of confidence in authorities ability to contain the spread of the virus has caused investors to continue to flee risky asset classes while the US Dollar rallys.

The European Central Bank is expected to follow in the footsteps of the Federal Reserve, Bank of England and others today in ramping up easi...