Forex Trading Strategies

High Impact Forex News for 20th April: What to Look Out For

6 min read


On April 20th, investors across the globe took notice of a high-impact Forex News announcement. It was reported that the US Federal Reserve plans to keep the interest rate at or near zero through 2023. This news created a ripple effect throughout the Forex markets as investors scrambled to adjust portfolios with the latest news. Some speculated that this would further weaken the US dollar, while others saw this as a positive indication of economic stability. Regardless of individual opinions, this news made sure the Forex markets are on everyone’s radar. With the global economic situation still uncertain, investors will be closely monitoring the US markets and any further developments in the coming months.