Macroeconomic data has shown the devastation that lockdown measures are having on the US economy. In advance of the Federal Reserve's Wednesday meeting, here's a look at the key questions that need to be answered and expectations as to what the outcomes will be.

Most major currencies moved in relatively tight price ranges last week with the main exceptions were those exposed to oil prices. While this week the key focus for traders will be on the Federal Reserve and ECB meetings.

The result of the generally underwhelming reception to the European Council's stimulus package announcement was to send the euro lower

The April PMI data made for very grim reading indeed this morning, providing further evidence that the global economy is on course for a very sharp contraction this year.

The pound fell to its lowest level in two weeks against the dollar amid the collapse in oil prices and sell-off in stock markets. Plus, an update on the Euro

In an extraordinary development oil prices have tipped into negative territory for the first time in history. But what was the impact on FX?

The scheme provides government guarantees for loans of up to €1.5m

Currency markets have experienced a relatively calm past week, which is a welcome change after the covid-related convulsions of the past two months.