Fed’s Daly: Recovery path out of the coronavirus crisis is unlikely to be a swift one

In an interview with the Wall Street Journal (WSJ), San Francisco Federal Reserve (Fed) President Mary Daly said that the recovery path out of the coronavirus crisis is unlikely to be a swift one.

 

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US Retail Sales Preview: Greater collapses will not bring back the dollar safety trade

The US is set to release Retail Sales data today at 12:30 GMT. Sales are forecast to post the largest monthly drop on record, FXStreet’s analyst Josep
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GBP/USD: Three significant reasons for the fall

Sterling is stumbling and for good reasons. While broad dollar strength alongside a retreat in stocks is also behind the slide in GBP/USD, there are t
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