Forex News

Norwegian Krone Declines to 1-Month Low as Crude Trades at Negative Prices

Norway’s krone declined to a new monthly low of 10.64 against the greenback, after crude oil plummeted to negative prices…

5 years ago

China Economy Contract in Q1 2020, Fundamentals Intact

China’s GDP (Gross Domestic Product) contracted 6.8% y-o-y in the quarter ended March, after recording a 6% expansion in the…

5 years ago

Russian Ruble Strengthens on Oil Production Cut Deal with OPEC+

Since the beginning of this month, the Russian ruble has been strengthening, with the USD/RUB hitting 73.76 Friday, the highest…

5 years ago

Japan Core Machinery Orders Increase 2.3% m-o-m in February

Amid the gloomy business outlook across the globe due to coronavirus outbreak and poor economic activity, there was two positive…

5 years ago

Mexican Peso Posts New Historical Low Against Greenback

The greenback gained 0.6639 or 2.66% against the Mexican Peso (USDMXN) to trade at 25.6139 Monday April 6, from 24.9500…

5 years ago

South African Rand Hits New Historical Low Against US Dollar

The South African rand posted a new historical low of 18.278 against the greenback, with investors selling off most vulnerable…

5 years ago

Eurozone Private Sectors Posts Record Contraction on Coronavirus Outbreak

The Eurozone private sector recorded its weakest performance in March, as countries continue to grapple with coronavirus outbreak. Private sector…

5 years ago

New Zealand Rolls Out Additional Stimulus Measures to Battle COVID-19 Impact on Economy

New Zealand government today rolled out additional measures to back the economy as the country is getting ready for a…

5 years ago

Mexico Central Bank Announces Deeper Rate Cut to Mitigate COVID-19 Disease Impact

Banco de México, in an off-cycle step, announced its largest benchmark rate cut in six years and committed support for…

5 years ago

New Zealand GDP Growth Slows Down to 0.5% in 4Q19

Statistics New Zealand reported that the country’s economy expanded by a seasonally adjusted 0.5% q-o-q in the fourth-quarter of 2019.…

5 years ago