Breaking: Powell speech: Coronavirus is having a profound effect on united states and around the world

At the post-monetary policy announcement press conference early Monday, the US Federal Reserve (Fed) Chairman J. Powell said that coronavirus is having a profound effect on the US and around the world.

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Mar 16, 2020

GBP/USD riding on the coattails of a surprise Fed cut

Following a mixed day on Friday, the US dollar is decisively lower at the start of the week with the news of the Fed cutting rates to zero ahead of wh

Wall Street’s futures collapse despite an easing Fed

The US Federal Reserve has decided this Sunday to cut rates to zero and launched a massive $700 billion quantitative easing program, indicating that t