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We started this week with a surprising decision by the US Federal Reserve where it announced unprecedented massive economic stimulus programs, along with small and medium-sized companies protection plans to ensure they do not collapse from the Coronavirus outbreak. The US Federal Reserve announced an unlimited asset and bond purchase program to try to reduce the virus impact on the US economy.
The US dollar has been weakened as demand weakens as anticipation of the Federal Reserve's meeting on Thursday
It seems that the negative risks still face the euro area, which was negatively affected by the slowdown in global growth
The biggest concern of the world markets over the past two days was the Brexit developments
Ben Robson's coverage of the trading week's most important market events.
Sterling remained stable throughout Tuesday's trading, as most investors preferred to remain neutral until determining the outcome
The economic calendar is coming this week not full of important economic events except G7 meeting
The uncertainty in the UK continued to put pressure on sterling trading, falling near a three-year low against the euro after the UK went into a showdown with the European Union over exit negotiations.
Amid the rising uncertainty caused by Brexit and the prospect of UK leaving EU without a deal after Johnson's appointment as prime minister
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