The US Senate passes $2-trillion stimulus package, which now moves to the House of Representatives for a vote on Friday. The US$ index continued to fall for a 4th consecutive day vs a basket of major currencies. Investors have pulled back from the US$ ahead of the US Initial claims data this mo...

The US Senate and the WH administration have reached an agreement on a $2-trillion package, the largest rescue package in American history. The Senate and the House of Representative are both expected to vote on the stimulus package today. The combination of $2-trillion package, alongside the Fed&#8...

Yesterday, in a coordinated effort to stabilize financial markets the US Fed announced unlimited Q.Easing and Germany announced Euro 750bln stimulus package. Markets are initially responding positively with European equities stronger and oil up 4% in early trading. The US$ index fell 1% boosting wea...

Equity and commodity markets have opened weaker this morning on rising fears that current global stimulus isn’t enough to offset the economic impact from the coronavirus. Global virus cases grew to +340k, with the US having the 3rd largest number of virus cases at +35k, global deaths approach ...

Global equity and commodity markets rebounded after waves fiscal and monetary stimulus has begun to give confidence back to investors. Central banks remain active with both BoE and Norways central bank cut interest rates overnight. The US$ after its biggest weekly gain since the 08 financial crisis ...

Global equity and commodity markets continue to weaken as global recession fears related to the coronavirus cause investors to flock to the US$ safe-haven. US$ extended its gains seeing the US$ index rises 2% vs major currencies and setting the US$ up for its largest “winning streak” si...

The US presses for US$ 1 trillion stimulus package as global Coronavirus cases increases to +200k and US deaths cross +100. Global equity and commodity markets remain under pressure and investors flock to US$. Global central banks continue their efforts to keep money markets operational. The FED ann...

The fear that the global Coronavirus recession has started is causing investors to flock to the US$, which has become the dominant safe-haven of choice. President trump and other world leaders have started to warn that their countries could be heading for recession. Virus cases will likely surpass ...

Markets remain volatile as investors calculate the economic impact from the increasing closures caused by the coronavirus. Equity markets after entering into ‘bear’ market territory this week, appear to have calmed slightly this morning. Currency markets remain volatile with the US$ retu...