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.
April 6: World stock markets, despite the bad news, having been rising since this week’s open, after falling last week. However, many analysts believe stocks remain vulnerable to further sharp falls as the economic damage of the pandemic mounts.
The US Dollar is on track to record a 2% rise for the week, helped by a rise in oil prices and the move to safe-haven assets in the fallout from the panic stemming from the Coronavirus spread.
The European Commission called for implementing a package of measures to face the economic consequences of the expansion of the Coronavirus epidemic.
The US Dollar was able to maintain upward momentum and firmed during London trade on Thursday.
U.S. President Donald Trump announced late on Wednesday that he expects the oil price war between Russia and Saudi Arabia to end within a “few days,”
Thursday April 2: The key factor in markets today will likely be how the U.S. stock market behaves when New York opens, as well as the U.S. unemployment claims data due later.
The US Dollar saw broad gains against higher risk currencies during London trade on Wednesday in the continuing fallout over the Coronavirus pandemic.
The European Central Bank's policymaker, Francois Villeroy de Galhau said on Wednesday that given the recent inflation data
In his continuing efforts to lessen the economic damage caused by the novel coronavirus, U.S. President Donald Trump is expected to suspend some tariffs on Chinese goods for 90 days.
Wednesday, April 1: The rate of increase globally in fatalities and new confirmed infections from the coronavirus pandemic continues to increase exponentially, with its epicenter now in New York.
The US Dollar edged higher versus the Japanese Yen during early trade in London as investors from Japan rush to cover a shortage in the greenback ahead of Japan's fiscal year end.
It seems that things are coming back to normal in China, as they registered a factory activity expansion this month.
Oil prices dipped below $20 per barrel on Monday, touching lows not seen since February 2002, before edging higher into Tuesday’s Asian trading session.
Get the latest Forex and market news around the world for Tuesday, March 31, 2020 here.
The Australian government just announced a $79.85 billion stimulus package to aid about 6 million people concerning their salaries for about six months,
