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 Business Cycle Dating Committee of the National Bureau of Economic Research recently claimed that the United States economy is currently amid an economic recession, given the unprecedented decline in production and unemployment.
NASDAQ makes record new high as stock markets rise; Japanese Yen recovers strongly; Global daily coronavirus deaths highest yet
The Pound Sterling made some headway against its key rival, the US Dollar during London trade on Monday.
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Asian stocks up as Nikkei rises by 1%; U.S. Dollar selling off; Global coronavirus deaths showing exponential increase again.
The Japanese Economy Minister, Yasutoshi Nishimura told Reuters that the Japanese government should care more about protecting jobs and helping businesses instead of stimulating consumption.
On Thursday, the European Central Bank announced that it would be increasing its special program aimed at stimulating the EU economy which has struggled as a result of the Coronavirus pandemic.
Sterling was lower in London trading on concerns that a trade deal won't be reached before year's end.
Recently, US President Donald Trump said on Twitter that he feels confident regarding the future of the United States economy,
Stock markets make a minor pullback; U.S. Dollar regains ground; Global coronavirus deaths showing trend of rising again;
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Against the US Dollar, the Pound Sterling remained steady and trading near to the $1.26 level, moving off the 1-month peak on signs that the sticking points to the Brexit negotiations
The dollar struggled during Tuesday's session, as protests continue across the United States for the eighth consecutive day.
Stock markets up again for another day; U.S. Dollar selling off for riskier assets; New daily confirmed coronavirus cases close to all-time high hit last weekend
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The Pound Sterling clawed to its highest level in a month against its US rival on signs that the British government appeared willing to make some important compromises
Yesterday oil prices rose, ahead of the upcoming OPEC+ meeting.
U.S. stock market retreats slightly but Nikkei up; Protests and violence continues in U.S.A.; Silver hits new 3-month high;