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.
Most Recent
Here is a recap of important news items and market movements from across the globe on Thursday, March 19, 2020:
The US Dollar was able to keep most of the gains its made overnight though worries over the Coronavirus pandemic have kept market players on edge.
Japanese exports fell for the 15th consecutive month in February, as shipments to the United States and China contracted.
Top Forex Brokers
The United States has enjoyed historically low unemployment rates in recent years, but Treasury Secretary Steven Mnuchin warned Republican senators
Analysts say that the Japanese Yen as a safe haven asset could move lower on signs that global policymakers are prepared to proactively provide economic support.
The United Kingdom's Office for Budget Responsibility, Charlie Bean said on Tuesday that he doesn't think that a cash rate cut would aid Britain's economy in the short run
In an unprecedented step, global central banks, led by the US Federal Reserve, decided on Sunday to provide monetary incentives to the global economy by enhancing liquidity amid the collapse of global financial markets due to the spread of the Coronavirus.
With millions of people of people forced to stay home around the world, mental depression has a good chance of sneaking its way into the global psyche.
The Federal Reserve's surprise rate cut on Sunday helped to provide the Pound Sterling with a lift during Monday trade in London,
Bonuses & Promotions
During an emergency meeting, the Bank of Japan decided to ease its monetary policy, as they announced their intention to buy exchange-traded funds "aggressively"
The U.S. dollar fell by 1.5 percent against the Japanese yen during early trade in Asia on Monday as the markets reacted to the Federal Reserve’s emergency interest rate cut
In the Asian trading session, the US Dollar managed to regain its status as a safe haven currency.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Sentiment for the US Dollar continues to erode after the US President failed to provide market players with any kind of comfort or reassurance regarding the Coronavirus pandemic.
Oil markets fell yesterday, as Brent oil futures went down by 3.84 percent and Western Texas Intermediate oil futures lost 4.02 percent.
The Dow Jones Industrial Average crossed into bear territory on Wednesday, which is defined as falling 20 percent below its most recent high.