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EUR/USD has fallen back below 1.11 amid risk aversion in stocks. US President Trump's decision to extend lockdown to counter the coronavirus outbreak is likely to cause a deeper economic slowdown. Goldman Sachs believes the economic fallout has only just begun.
With the dire warnings on the UK’s economic growth crossing wires amid expectations of a longer lockdown, GBP/USD drops below 1.2400 ahead of the London open on Monday. The surge in the virus figures and inclusion of the PM Boris Johnson recently weighed on the pair.
Bitcoin price continues to explore the levels towards $5,000 as discussed on Friday. The failure to break above the critical $7,000 level left the bulls discouraged but sellers gained confidence with the reducing trading volume.
Ripple price is in the green during the Asian session on Monday just like the other major cryptocurrencies; Bitcoin and Ethereum. The digital assets are focused on correcting ...
Ethereum, the second-largest digital asset with the current market value of $14.2 billion, attempted a recovery above $133.00 before retreating below psychological $130.00. The coin has been mostly range ...