Volkswagen and Airbus cut output. EURUSD pushed to 1-year lows. GBPUSD plummets to 6-months lows

As the global “work from home” outcry reaches everyone, supply chains are shattered. Two examples: Volkswagen and Airbus reduce their production due to coronavirus spreading. Consequently, both stocks headed south. Let’s have a look at the charts!

Volkswagen

Airbus

What’s more? EURUSD pushed to 1-year lows by the grim economic outlook. High volatility ahead.

EURUSD

GBPUSD also plunges to 6-months lows. Check it out!

Make sure you understand the risks involved before you start trading.

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