The following are the most recent pieces of Forex fundamental analysis from around the world. The Forex fundamental analysis below covers the various currencies on the market and the most recent events, announcements, and global developments that affect the Forex market.
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Last week the Canadian Dollar fell 0.73 percent against the greenback, following the recovery of the oil markets and improving from the previous week's figures.
So far this week, gold futures have fallen 0.64 percent, continuing last week's trend and losing its safe-haven status at least momentarily.
Amidst record drops in crude oil and equity markets and record highs in volatility, we have also recently witnessed US Treasury yields turning negative
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Last week the US dollar index, which measures the performance of the greenback against a basket of foreign currencies, advanced 0.28 percent, amid confusing signals regarding the future of the economy and the advance of the coronavirus crisis.
The gold market’s current situation is very different from what we experienced a month ago.
The Swedish Krona eased 2.94 percent against the US dollar on Friday, giving up part of the previous week's gains.
The world's most popular currency pair has been on a losing streak from the beginning of the week, as the Euro has receded by 0.99 percent against the US dollar
Last week, the Pound Sterling recovered against the US dollar, gaining 6.86 percent.
At the beginning of the week, the gold futures market rallied, advancing 5.59 percent on Monday and adding 5.95 percent during the following session.
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The Swiss Franc has declined for four consecutive days against the U.S. dollar, dropping around 4.05 percent since Tuesday last week.
In recent days the major global central banks have been attempting to take action against the effects of the spread of the coronavirus, which is currently disrupting the day-to-day life
Last week, gold futures had the biggest weekly loss since September 2011, losing around 9.6 percent.
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Oil futures have been falling since last Wednesday as Brent futures plummeted by 13.08 percent and Western Texas Intermediate oil futures dropped 12.8 percent.
The Euro has been rallying against the dollar since February 21, closing Tuesday's session with a 0.38 percent gain, and adding around 3.58 percent during the past two weeks.
The Mexican peso has been going through a rough patch since the end of the third week of February.