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Forex Forecast And Cryptocurrency Forecast For March 30 - April 03
Article By:
Roman Butko
Sunday, March 29, 2020 7:11 PM EDT
Several factors caused a sharp drop in the dollar. The main one is the Federal Reserve lowering the interest rate to 0.25% and injecting billions of dollars and distributing money to its citizens.
US Dollar Sinks. Gold Prices, Wall Street Soar On Stimulus. Bottom Found?
Article By:
DailyFX
Sunday, March 29, 2020 4:41 PM EDT
The US Dollar tumbled this past week, averaging its sharpest decline against a basket of its counterparts, since at least 1986. This is as Wall Street bounced with the Dow Jones and S&P 500, rallying the most over five days since 1974 and 2009.
USD/JPY Forecast March 30 - April 3
Article By:
Yohay Elam
Sunday, March 29, 2020 1:12 PM EDT
The Japanese yen rebounded last week, as Dollar/yen slipped 2.5 percent. This week’s highlights include Japanese inflation and U.S. manufacturing PMI and unemployment claims.
In this article: FXY
Euro Forecast: More Gains On Way For EUR/USD, EUR/JPY, EUR/CHF?
Article By:
DailyFX
Sunday, March 29, 2020 12:31 PM EDT
Euro trading will continue to be dominated by market sentiment as traders switch between safe havens like the US Dollar, US Treasuries and German Bunds, and “risk-on” assets like stocks, crude oil, the Australian Dollar, the British Pound and Euro.