17/03/2020

The impact of coronavirus on the global economy


Coronavirus, FX markets, UK interest rate cut, GBP, EUR, USD, BoE, Fed, Safe haven, Core Retail Sales, Retail Sales

Last week: GBP

  • BoE cut interest rates to 0.25%.

USD

  • Fed cut interest rates.
  • Safe haven currency.

EUR

  • More stimulus to fight coronavirus impact.
  • More stimulus to fight coronavirus impact.

The week ahead: USD

  • Core Retail Sales m/m.
  • Core Retail Sales m/m.


Why choose RationalFX?

Based in the heart of London’s financial district Canary Wharf, RationalFX has traded over $10billion in currencies across the globe. Take advantage of our competitive exchange rates, market expertise, suite of FX products and online payment platform when you make bank to bank transfers in over 50 currencies worldwide.

Whatever your reason for making overseas payments, we’re confident our currency specialists can save you time and money while providing peace of mind. Call our team now on: +44 20 7220 8181