GBP/USD has been under pressure as coronavirus spreads. US Non-Farm Payrolls and several UK developments are eyed, FXStreet’s analyst Yohay Elam informs. Key quotes “The UK death toll has neared 3,000, rising quickly amid a change in methodology, which have been weighing on the pound, and so have the government’s efforts to help businesses, which also seem to fall short.” “The NFP is set to rock markets and could be another opportunity for the safe-haven dollar to shine. Investors assume that if the US economy suffers, other economies are worse off, and they opt for the world’s reserve currency.” “The ISM Non-Manufacturing Purchasing Managers’ Index may provide an updated snapshot of how businesses assess the current situation.” 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 Germany likely to reject coronabonds at Euro minister meeting – Der Spiegel FX Street 2 years GBP/USD has been under pressure as coronavirus spreads. US Non-Farm Payrolls and several UK developments are eyed, FXStreet’s analyst Yohay Elam informs. Key quotes “The UK death toll has neared 3,000, rising quickly amid a change in methodology, which have been weighing on the pound, and so have the government’s efforts to help businesses, which also seem to fall short.” “The NFP is set to rock markets and could be another opportunity for the safe-haven dollar to shine. Investors assume that if the US economy suffers, other economies are worse off, and they opt for the world’s reserve currency.” “The… 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.
