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 U.S. dollar edged higher against its primary trading partners during Monday's Asian trading session
Wall Street indexes saw their best monthly performance in over 30 years in April, despite the struggles caused by the coronavirus
The Pound Sterling was relatively flat during the London trading session and is being driven primarily by global risk appetite.
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Oil prices advanced on Thursday, continuing this week's rise after falling into negative territory last week.
Asian stocks rose during the trading session on Wednesday, amid optimism about easing restrictions related to the coronavirus
During trading today, Wednesday, April 29, 2020, the financial markets will be interested in the announcement of the economic agenda data
Though it couldn't maintain momentum, the Pound Sterling had earlier moved higher against its US counterpart during London trade
The U.S. dollar headed lower during Wednesday's Asian trading session as investors shed the safe-haven currency on refreshed optimism
An improvement in investor risk sentiment helped to push the Pound Sterling higher against its main rivals, the US Dollar and the Euro.
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April 28: Global stock markets remain strong on optimism that the first wave of the coronavirus pandemic has peaked in most western countries.
Oil prices plummeted nearly 25 percent on Monday and extended their losses into Tuesday, falling 13 percent in early trade on concerns that global storage facilities are reaching capacity.
The US Dollar edged lower against most rivals during Monday trade as sentiment improved for higher risk currencies after some quarantine restrictions were eased in a number of countries, including Australia and Germany.
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With oil having plunged into negative territory over the past few days, things seem to be uncertain, making the market more volatile than ever.
Global stock markets are stronger on optimism that the first wave of the coronavirus pandemic may have peaked in most western countries.
U.S. WTI futures were down 9.09 percent as of 1:24 p.m. HKSIN to $15.40 per barrel and Brent crude futures were down 2.75 percent to $20.85 per barrel even as talks resumed in most countries about when and how to reopen their economies, a move which should, and could, increase demand for oil.