The March US jobs report comes out later today marking the dawn of the post-outbreak labor market and a clearer picture of the coronavirus economic hit.
Category: Forex News
The dollar rose for a second straight day as investors, worried about the prospect of a global recession, continued to take shelter in the greenback.
Data showed factory activity across the world contracting sharply due to the coronavirus pandemic led a wider selloff in global stock markets.
World stocks were set to close their worst quarter since 2008, down more than 20%, while much of the world locked down to fight the coronavirus.
Virus fears about the economic damage returned to the forefront as the USA overtakes China as the country with the most infections.