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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US President Donald Trump has announced that the US government is finalizing a plan to reopen the US economy
Pound Sterling edged away from the recently struck 1-month peaks against its rivals the Euro and US Dollar
The US Dollar had nursed recent losses during Asian trade on Wednesday before a sentiment shift.
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The Pound Sterling struck a 1-month peak against the US Dollar during Tuesday trade in London as confidence rises that the various lockdowns around the globe may finally be impacting the Coronavirus spread.
Asian stock markets were trading broadly higher on Tuesday as lawmakers worldwide began to announce potential options for ending the lockdowns that have stifled the global economy.
Market Updates for April 14: Price of Gold hit a 7-year high price above $1700 an ounce yesterday, suggesting a break to still higher prices is likely.
Commodity-linked currencies moved lower versus safe haven rivals during light Monday trade after the latest OPEC deal failed to assuage nervous jitters.
The United Kingdom's Prime Minister Boris Johnson was finally released from the hospital, after spending seven nights at St Thomas' Hospital
Market Updates for April 13: Major U.S. stock indices have regained half of the value lost during its recent fall from peak to low – exceeding this would be technically significant.
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Oil prices were broadly higher during Monday’s Asian trading session after Russia and Saudi Arabia confirmed a new agreement for oil production cuts after days of intense negotiations.
The US Dollar is poised to record a loss for the week and was on shaky ground in early Friday trade in Asia.
The British Pound was moving close to a 1-week peak during London trade on Thursday
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High risk currencies gained during early trade in Asia today on rising hopes that the spread of the Coronavirus may finally be hitting a peak in some areas
Forex Updates for April 9: Many analysts think the bottom of this bear market has already been reached, but other analysts see further strong falls.
The US Dollar is gaining interest once again as a safe haven asset as concerns over the Coronavirus return after it had seemed that the spread was slowing in New York and Europe.