ECB's De Guindos: Coronavirus pandemic poses severe economic challenges to the Euro area

The coronavirus or COVID-19 pandemic poses severe economic challenges to the Euro area, Vice President Luis De Guindos said on Thursday.

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May 7, 2020

Brazil: One more final cut in this easing cycle – Rabobank

The Copom members cut the Selic (policy) rate by 75bps to a new historical low of 3.00%, economists at Rabobank brief. USD/BRL is sitting at 5.7159. K

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May 7, 2020

AUD/USD jumps back closer to weekly tops, around 0.6475 region

The AUD/USD pair edged higher through the early European session and spiked to fresh session tops, around the 0.6460 region in the last hour. Followin

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