The Coronavirus situation has caused the equities to rise and the US dollar to fall. The Covid-19 crisis is causing the US dollar is acting like a safe haven currency. The dollar strength is dissipating as it is used for buying commodities, equities, etc. The equities turned bullish after the Fed announced the $2.3 trillion stimulus package. So, the US stock market rallied, and the US dollar fell. If a
© Prabhu for Forex Videos, 2020. |
Permalink |
No comment |
Add to
del.icio.us
Post tags: Forex strategy, Forex trading, Forex video
Feed enhanced by Better Feed from Ozh
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.