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Background-of-100 US Dollar-bills

US Dollar falls back after President drops the Easter recovery deadline

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  Sterling recovers on significant profit-taking Last week of the quarter overshadowed by the ‘C’ word   As most Brits start their 2nd week of isolation, ‘spoiler alert’ this week’s data will be mostly dire.…
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AUD Strengthens after Federal Reserve Promises $2tn Stimulus

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The Australian dollar (AUD) is benefitting from the US Federal Reserves promise of a USD 2 trillion stimulus bill to stabilise the economic disruption caused by Covid-19
US unemployment benefits application rise by 3.28 million in the last week

US Senate Reach Deal on Coronavirus Stimulus Bill

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The US Senate finally reached a deal on the USD 2 trillion US coronavirus stimulus bill. The package was confirmed early Wednesday morning by Legislative Affairs Director, Eric Ueland.
us senate coronavirus stimulus package

US Senate to Compromise on Coronavirus Stimulus Package

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Last night the US Senate failed to reach an agreement on a USD 1.8 trillion coronavirus stimulus package. The package looks to be one of the largest in history to help businesses to re-establish themselves. What exactly does the stimulus package entail though?
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US Dollar Continues To Surge Despite Currency Market Uncertainty

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In a world of collapsing currencies and market uncertainty amid the coronavirus chaos, the US dollar exchange rate experienced an overnight surge.
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Japanese Yen Rises as Investors Seek A Virus Safety Currency

The Japanese yen (JPY) made gains of near 3% on the US dollar (USD) on Monday and has also rallied against pound Sterling (GBP), with the pound to yen rate down some 2.5%