The U.S. dollar lost ground against its peers on Thursday after the Federal Reserve set up a $2.3 trillion stimulus program to support the economy amid the coronavirus pandemic.
The Federal Reserve said this morning that it will provide up to $2.3 trillion in loans to assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the irus pandemic.
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Forex News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.