COVID-19 Articles

The Euro Jumped More Than 1.3% on Thursday

The ECB lowered the interest rate. Huge move for the EUR/USD reaching the 1.0975 mark. US Unemployment claims increased comparing to the previous week

Zoom Video – Downside Imminent ?

4 Hour Chart – Zoom Video 27/04/2020 13:40pm Essential Insight: Zoom video communication has fell from an all time high of 181.26 amid security concerns. It is currently trading at 158.80 Technicals: The Zoom stock price has fallen sharply from its high of $181.26, on a weekly timeframe it is…

Could This Be the End of USD/ZAR Appreciation?

The USD/ZAR reached an all-time high South African government asking the IMF for help due to the pandemic. The president ordered to start easing the restrictions of coronavirus lockdown

Will the Euro Depreciate Further Against the U.S. Dollar Next Week?

The EUR/USD remains under pressure from the bears where it depreciated more than 0.8% just in April.

USD/SEK Reached an 18 Year High Amid Coronavirus Crisis

A monthly resistance was breached by the USD/SEK and managed to close above it. A bullish bias was built after this break with a possible upward movement in the coming weeks.

Stocks Around the Globe Stagger on Weak Economic Data as Oil Bounces Back

Overall markets are still at the brink of collapse if the pandemic continues to hit the depths of the world’s economy.

U.S. Stock Markets and Crude Oil Rise After Two Consecutive Days of Decline

The U.S. stock markets soared for the first time in three days amid a stabilization in oil prices after plunging to a -$40 a barrel at the beginning of the week.

China to Recovery After Battling COVID-19

USD/CNH - For downward movement, the pair must surpass the first test and break the uptrend (white).

Coronavirus Pandemic: Latest Global Updates, April 2020

It goes without saying, but the COVID-19 pandemic's impact on the life and activities of the world's populace has been pronounced.

As Coronavirus Crisis Deepens, Japan Will Boost Stimulus to ¥117 Trillion

On Monday, the Japanese government, which had earlier planned on releasing a ¥108.2 trillion ($1 trillion) stimulus package.

Amidst Coronavirus Outbreak, U.S. Continues to Pressure Iran

The Iranian President Hassan Rouhani, in a statement released on the official presidency website, has described the American pressure on Iran "inhumane"

The Kiwi Tumbled Below the 0.60 Mark

The New Zealand dollar pair has been under the control of the bears since 2017.

Coronavirus and the Oil Market: As U.S Crude Oil (WTI) Prices Go Negative

WTI took a nosedive today, below $0 a barrel, which settled at a negative $37.63. The most significant drop on record since 1983.

Economy, Health: Lives Versus Livelihood Amidst Pandemic

Since the emergence of the coronavirus global pandemic, the question many economists have pondered, is the health of the global economy, versus the health of the worldwide population.

The Aussie Rebounded After a Huge Drop in March: Will It Continue Upward?

The continent of Australia has not been as affected by COVID-19 as severely as other continents around the world.

Reactions to Trump’s Plan to Re-Open the US and the Markets

After the talks of re-opening the economy of the US, by President, Donald Trump, there have been significant reactions in the markets and the global economy.

Globally, Coronavirus Continues to Dampen the Steel Sector

The steel industry is bracing for more difficult times ahead as the coronavirus disease pandemic rages.

China’s Economy Shrinks for the First Time in Decades Due to COVID-19 Virus-Hit

China’s coronavirus crisis has tipped its economy into its first decline for the first time in decades.