Coronavirus’s fear factor is stronger than Brexit, that explains the rise of the cable as investors grapple with the dual fears. However, that may change, in the opinion of Yohay Elam from FXStreet. Key quotes “The spread of the respiratory disease in the US – as thousands are quarantined in New York – is weighing on markets. Money is flying into the safety of American treasuries, pushing yields lower and sending the dollar down.” “The tone in Brexit talks has worsened once again. Michel Barnier, Chief EU Negotiator, said many difficult issues remain and he also expressed pessimism about striking a deal by year-end. Earlier this week, both sides sounded more upbeat.” “Later in the day, investors will take a break from both issues and will respond to the US Non-Farm Payrolls figures. The data for February is set to be upbeat, showing a gain of 175,000 jobs and a minor deceleration of wage growth to 3%.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold climbs to fresh seven-year highs near $1,690 FX Street 2 years Coronavirus's fear factor is stronger than Brexit, that explains the rise of the cable as investors grapple with the dual fears. However, that may change, in the opinion of Yohay Elam from FXStreet. Key quotes “The spread of the respiratory disease in the US – as thousands are quarantined in New York – is weighing on markets. Money is flying into the safety of American treasuries, pushing yields lower and sending the dollar down.” “The tone in Brexit talks has worsened once again. Michel Barnier, Chief EU Negotiator, said many difficult issues remain and he also expressed pessimism about striking… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
