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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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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
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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
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