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Coronavirus Forex Updates: March 31, 2020As the number of new coronavirus cases declines in China and Italy daily, the death toll continues to rise, and the World Health Organization has warned that the pandemic is far from over,
The Australian government just announced a $79.85 billion stimulus package to aid about 6 million people concerning their salaries for about six months,
The US Dollar regained favor among FX traders, largely as a safe-haven currency, as lock downs and quarantines across the globe heightened worries of uncertainty in the long term.
Oil prices plummeted to their lowest prices in over 17 years on Monday as the price war between Russia and Saudi Arabia showed no signs of a truce.
Get the global market news and updates for Monday, March 30, 2020 here.
The US Dollar is set to record its largest single week's decline in more than ten years after several of the world's global banks announced a concerted effort to provide liquidity.
The US Dollar was lower versus the Japanese yen and Euro during London trade on Thursday as FX traders await today's release of US unemployment benefit claims.
According to the French official statistics agency (INSEE), economic activity and household spending in France is currently at about 65 percent of the usual activity levels
Data out in the United Kingdom on Thursday showed that British retail sales did not grow at all in February,
Catch up on the Forex market and global news with our recap for March 26, 2020 here.
According to sources, the head of the European Central Bank Christine Lagarde asked the European Union finance ministers on Tuesday evening to consider issuing bonds to face the effects of the coronavirus outbreak.
The US Dollar was broadly lower for a third straight day during London trade on Wednesday as the latest stopgap measures has been tentatively agreed to
Despite measures from the U.S. government to bailout the country’s economy, the U.S. dollar still shows potential for significant volatility in the coming days
Check out our daily recap of the latest Forex and market news around the globe for Wednesday, March 25, 2020 here.
The Pound Sterling was able to maintain its rally versus the US Dollar and remained steady against the common currency Euro during London trade on Tuesday.