Daily News | Euro stagnates | 24.03

Zimbabwe turns pro Crypto.
The central bank of Zimbabwe reversed its anti-Crypto policy.
The reserve bank of Zimbabwe is reversing its anti-Crypto policy in an attempt to stabilize the economy.

Euro stagnates.
A €750 billion ECB emergency program offers little comfort.
Last Wednesday’s launch of the ECB’s €750 billion emergency asset-purchase program did little to stabilize the Euro.

Gold corrects to 1499$.
Gold prices surrender as virus-induced recession fears swell.
Gold prices may continue to fall if recession fears from the coronavirus overwhelm the optimism from stimulatory measures.

USD/JPY
USD/JPY has added 1.5% in the last 3 sessions.
The Dollar-Yen pair has added 1.5% in the last 3 sessions. The ATR shifted into the high volatility zone.

Gold
XAU/USD has added 1.8% in the last session.
The price of gold has added 1.8% in the last session. The ADX entered the positive area.

AUD/USD
AUD/USD has gained 0.6% in the last session.
The Aussie-Dollar pair has gained 0.6% in the last session. The Williams Indicator transitioned into negative territory.

GBP/USD
GBP/USD has gained 1% in the last session.
The Sterling-Dollar pair has gained 1% in the last session. The RSI is now giving a neutral signal.