Thread: Look at these charts this week

EURUSD

Given that the virus was thought to be a sever short-term problem and expectations were for a quick recovery to what degree does the weekend news flow alter that view will be critical.

GBPUSD


​The British pound has fallen during most of the week but seems to be paying attention to the 1.29 level as support. Nonetheless, this is a very messy market due to the fact that the US dollar is on the other side of it.

USDJPY


​Why did the Japanese Yen weaken last week? Japan’s economy is flirting with recession and the coronavirus could put it over the edge. Last week’s data serves as proof that the virus is likely to stamp out hopes for an economic recovery in the first quarter and investors lost confidence

AUDUSD


Even if reports start to show the virus outbreak receding, global growth is still set to fall to zero in the first quarter. A near-term hit to the Australian and New Zealand economies looks unavoidable.

NZDUSD


Even if reports start to show the virus outbreak receding, global growth is still set to fall to zero in the first quarter. A near-term hit to the Australian and New Zealand economies looks unavoidable.