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13 Mar 2020

Fed in talks with banks about leniency if liquidity reserves depleted - Reuters

Citing three people with knowledge of the discussions, Reuters reports that the US Federal Reserve (Fed) is in talks with lenders about offering leniency if they run out of their liquidity reserve, in a bid to help customers troubled by the coronavirus crisis.

The sources said, the Fed is reassuring lenders that they should dip into those buffers if needed.

Mar 13, 2020

USD/JPY: 108.00 tested after the three big figures surge, Trump eyed

The Japanese yen remains heavily battered against the US dollar on Friday, fuelling a massive 3% rally in USD/JPY, as the bulls now look to conquer th
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Mar 13, 2020

Swiss govt announces coronavirus response with $10.5 billion aid package

The Swiss government said on Friday that will offer support worth 10 billion Swiss francs ($10.5 billion) in immediate assistance to the businesses af
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