Moody’s downgraded the country to ‘junk’ status on Friday.
The US economy has been hit hard by the coronavirus outbreak.
The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
Canada will publish the monthly GDP growth on Tuesday, at 15:30 MT time.
Another week starts in the Forex market. Where will it lead? Read the article to get the main outlines so far.
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
Jerome Powell made a rare appearance in the public media this Thursday. What did he bring to the audience?
The record-high unemployment claims may pull the USD down
According to the International Monetary Fund, the global economy could suffer from the coronavirus pandemic even more than from the financial crisis a decade ago.
The unprecedented amount of financial aid is to be voted by the US Congress and signed by the President this Wednesday. Stay calm, Mr. Market!
Observing news today one can easily get disappointed. However, things are getting better.