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Federal Reserve's Powell explains rate cut to 0% – Live

Jerome Powell, Chairman of the Federal Reserve, explains the second surprise interest rate cut as markets open in Asia. The move came amid the coronavirus crisis.

 

NZD/USD Price Analysis: Takes U-turn from short-term resistance line after RBNZ’s Orr

NZD/USD drops to 0.6000, after the early-day rise to 0.6151, during the initial Asian session on Monday.
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GBP/USD riding on the coattails of a surprise Fed cut

Following a mixed day on Friday, the US dollar is decisively lower at the start of the week with the news of the Fed cutting rates to zero ahead of wh
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