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16 Mar 2020

Coronavirus update: Switzerland bans all events, Germany closes all bars, theaters, museums

Coronavirus continues spreading and European countries are taking more action. Switzerland has announced it is banning public and private events, a severe lockdown.

Germany is closing bars, theaters and museums after several states already took measures. Spain and Italy are under substantial lockdowns. 

Earlier, the EU said it is considering limiting the entrance of non-EU residents into the bloc.

French President Emmanuel Macron is set to address the nation later on, and may announce a shutdown of the continent's second-largest economy. 

Mar 16, 2020

US Dollar Index Price Analysis: DXY holds on above 98.00 figure despite 100bps Fed’s cut

Two weeks ago DXY (US dollar index) suffered a dramatic decline which was then followed last week by the best weekly advance since October 2008. Volatility rem
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Mar 16, 2020

Gold trims losses and rises back above $1500

Gold prices staged a recovery during the American session by rising from than $50 from the bottom. It recovered ground as Wall Street moved off lows.
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