Tag: Finance

26.03.2020: Investors poised for gloomy US initial jobless claims data (USD/JPY, AUD/USD)

Investors rejoiced after the news that US Senators had approved a $2 trillion stimulus package. Market sentiment significantly improved, risk sentiment is still subdued though. Traders remain cautious as they fear that the global economy may slide into a recession due to the coronavirus pandemic. The outbreak has already caused a drop in demand for