The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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The European Central Bank's President Christine Lagarde made clear that the role of the Bank is limited in terms of facing the current economic slowdown.
Brent crude futures fell as much as 13 percent in the Asian afternoon on Wednesday as the market continued to struggle with high levels of oversupply
Market news for April 22: Currency markets are currently dominated by relative strength in the Japanese Yen, while the British Pound looks likely to be the weakest currency today.
The greenback edged broadly higher during London trade on Tuesday as FX traders sought out the currency as a safe haven after yet another rout in oil prices.
The Minneapolis Federal Reserve claimed on a report that the economic restrictions associated with the coronavirus outbreak could be twice as though as it should be.
In market news for April 21: crude oil futures go south yesterday, and lack of demand for oil continues due to the coronavirus pandemic.
U.S. crude oil futures dipped into negative territory for the first time in history on Monday afternoon.
New Zealand's government decided about going back to normal gradually from next week, as they plan to lift up the restrictions
The Pound Sterling edged lower against the US Dollar as the numbers of deaths from the Coronavirus increased in the UK.
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Crude oil futures plummeted on Monday, hitting levels not seen since 1999, pressured by continually reducing demand and worries
Market updates for April 20: Despite the gloomy global economic outlook, stock markets (especially in the U.S.A.) continue to look firm
The US Dollar edged lower during Friday trade in Asia after a news report indicated that there were some signs of success for a new drug treatment for the Coronavirus.
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Sign up to get the latest market updates and free signals directly to your inbox.The Pound Sterling was steady during London trade on Thursday, albeit moving lower versus the US Dollar.
The International Monetary Fund's managing director Kristalina Georgieva said that the UK should ask for an extension for its post-Brexit transition
Forex and market updates for April 16: There is increasing discussion of the economic cost of the pandemic in hard hit countries and talk of reopening economies, especially in the US.