The Federal Reserve cut federal funds rate by 50 basis points to a target range of 1.00% to 1.25%.
Information is not investment advice
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
Coronavirus pushse gold and currencies to where they have not been for years. What next?
The United States will publish its flash manufacturing PMI at 16:45 MT time on February 21.
Great Britain will release the retail indicators at 11:30 MT time, on February 20…
The head of the Federal Reserve Jerome Powell will testify on the Semiannual Monetary Policy Report on Tuesday and Wednesday
The United States will publish the non-farm employment change, also known as non-farm payrolls (NFP) at 15:30 MT time on February 7.
The level of non-manufacturing PMI for the United States by the Institute of Supply Management will be published at 17:00 MT time on February 5.
Traders await the release of ISM manufacturing PMI at 17:00 MT time.
The Reserve bank of Australia will release the rate statement and announce the update on the interest rate on February 4, at 5:30 MT time.
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
Here we gathered the best and the worst performers of the week and the most volatile pairs .