Asian session review: the US dollar fell against major currencies

During today's Asian trading, the US dollar fell against the main world currencies on the background of some improvement in market sentiment due to the authorities ' promises to support the global economy in the face of the spread of coronavirus infection.

Investors are pinning their hopes on measures taken by governments and Central banks in various countries that are easing monetary policy and introducing programs to stimulate the economy, which has been affected by the coronavirus pandemic.

In the US, the number of initial jobless claims rose sharply last week - from 282 thousand to 3.283 million, which is the highest figure since data began to be recorded in 1967.

The head of the Federal reserve system Jerome Powell said that the US economy will recover, and the Central Bank will contribute to this. The Fed will continue lending and help change the situation after the situation with the spread of COVID-19 is brought under control.

The European Central Bank (ECB) on Thursday began buying bonds as part of an emergency program of 750 billion euros, designed to support the euro zone economy in the crisis caused by the COVID-19 coronavirus pandemic. "The ECB will explore all options and opportunities to support the economy and help it cope with this unprecedented shock," the ECB said in a statement.

Market participants are also waiting for the adoption of the law on measures to support the US economy by $2 trillion. The US Senate, after delays related to the settlement of another disagreement between Republicans and Democrats, approved it on Thursday night. The document will now go to the House of representatives and is expected to be approved as early as Friday or Saturday