U.K. Economy Shrinks by More Than Any Other Rich Country

LONDON — The U.K. recorded a steeper second-quarter contraction than any other rich country, a performance that means it suffered the worst economic hit from coronavirus in Europe as well as reporting the highest death toll. The economy is already recovering as restrictions on daily life ease and workers trickle back to factories and offices, […]

Trend continuation for EUR/GBP, CHF/JPY and NZD/CHF

Dow Jones Newswires report:via Market Talk 👉 Melbourne has been put under a strict six-week lockdown, weighing on the Australian dollar. AUD/USD is retreating from the 0.70 mark. The Reserve Bank of Australia left interest rates unchanged at 0.25% as expected and did not release any hints about future policy. 👉 USD/JPY is steady above […]