Gold Prices Edge Lower But Coronavirus Fears Underpin Haven Bids

Gold prices are under a little pressure from a stronger US Dollar as March ends, but they’ve gained broadly over the month and there seems little impetus to chase them lower

Swiss sailors’ amateur films inspire Zurich art show

An active merchant marine may sound at odds with a landlocked nation such as Switzerland, but the country prides itself of its high-seas fleet. The discovery of film footage by Swiss sailors in the 1960s led to a Zurich exhibition that explores some of the most pressing contemporary issues related to the sea. The vast expanse of the sea its promise of freedom was what Ernst Christinger sought when, after barely reaching legal age, he left the Swiss village of Azmoos in the late 1950s to become a sailor.  During the following 15 years, he travelled the world aboard the MS Basilea, one of the most well-known trading ships flying the Swiss flag. Ernst and his fellow crew members documented their life at sea with Super 8 film cameras they had bought cheaply during a port call in Hong Kong. His son, Damian, found these films, along with a trove of other documents, postcards, photos after Ernst’s death. The sentimental affection was evident for Damian Chistinger as he scanned the ...

AUD/USD Forecast: Bear Flag Continues to Take Shape Ahead of April

The recent rebound in AUD/USD may start to unravel over the coming days as a bear flag formation continues to takes shape.

Boris Johnson coronavirus latest: Raab gives update on self-isolating PM

Boris Johnson is "full of vigour" despite suffering from coronavirus, a senior Cabinet minister said last night. Foreign Secretary Dominic Raab said that the Prime Minister was continuing to lead the Cabinet from his quarantine in Downing Street after testing positive for the virus last week.

US Dollar Fundamental Outlook: USD/SGD, USD/MYR, USD/IDR, USD/PHP

The US Dollar fell as an improvement in sentiment slowed aggressive capital outflows from emerging markets and ASEAN economies. What do USD/SGD, USD/MYR, USD/IDR and USD/PHP face next?

US Dollar May Resume Rise Amid Global Recession Fears

The US Dollar may return to the offensive as markets flee to cash amid fears of deep global recession thanks to the still-raging coronavirus outbreak.

EUR/USD Rate Recovery Stalls as ECB Warns of Looming Recession

EUR/USD snaps the series of higher highs and lows from the previous week as the ECB Vice President Luis de Guindos states that incoming data “indicate that a recession will take hold.”
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