Amid the broad risk aversion, due to the coronavirus (COVID-19) woes, GBP/USD marks mild losses of 0.7% to 1.2560 while heading into the London open o

UK: More measures will be needed – ABN Amro

09:29am, Thursday, 12'th Mar 2020
UK monetary and fiscal authorities announced coordinated measures to cushion the economic blow from the coronavirus outbreak but economists at ABN Amr
The Pound slipped against the Euro ahead of today's monetary policy meeting and press conference from the European Central Bank (ECB).
Decisive and coordinated policy action from BoE and Government should provide GBP with support, but the prospect of further EU/UK post-Brexit talks sh
GBP/USD registers modest losses, currently trading around 1.2815, while heading into the London open on Thursday. The pair fails to cheer the broad US

Global FX: Lack Of Global Coordination Hurts

09:00pm, Wednesday, 11'th Mar 2020
We see risk assets staying under pressure. Safe haven JPY and CHF to outperform. High yield FX has been hit very hard and most recently undermined by the oil cr

UK: Keep calm and cut rates – Rabobank

03:21pm, Wednesday, 11'th Mar 2020
There is a clear coordination of the BoE’s actions with those of HM Treasury, which is yet another important signal that we’re seeing a paradigm shift
Stocks markets have opened a little higher on Wednesday as Europe plays catch-up from the US surge late Tuesday, after investors became excited by the prospect of stimulus from Washington.
The Bank of England cuts interest rates by half to reach 0.25% due to the strong coronavirus impact on the economy.
The EUR/GBP cross gained some intraday traction and spiked to fresh five-month tops, around mid-0.8800s, in reaction to the Bank of England's emergenc
US stock futures are poised for a lower open as the coronavirus spread in the US tops 1,000, a 1-mile containment zone was setup just outside of New York city, and as expectations grow for further ban
The GBP/USD pair managed to hold its neck above the 1.2900 round-figure mark, albeit lacked any strong follow-through and remained below session tops
The Pound Australian Dollar exchange rate is trading in a narrow range this morning as markets respond to the BoE announcement of an emergency rate cut.
Following the Bank of England's surprise decision to cut its policy rate by 50 basis points to 0.25%, outgoing Governor Carney said small businesses w
The GBP/JPY cross quickly reversed an early European session fall and is currently placed near the top end of its daily trading range, around the 136.
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