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Dollar’s rebound is gathering momentum, as fueled by yesterday’s data indicating a resurgence in the services sector, which could impede disinflation progress. While fed fund futures still reflect over 50% probability of a rate cut in September, there is now a 0.6% chance of a rate hike—an occurrence not seen for quite some time. Currently, […]

The post Dollar Gains Momentum as Fed Hike Re-Enters Markets Pricing, Despite Ultra Low Odds appeared first on Action Forex.

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Swiss Franc Rallies Amid Falling Yields and Political Risks
18/06/2024

Swiss Franc Rallies Amid Falling Yields and Political Risks

Swiss Franc breaks higher in early US session as benchmark treasury yields in both the US and Europe plummeted. This rise was partly triggered by US retail sales data coming in much weaker than anticipated. Additionally, investor sentiment in Europe remains fragile due to ongoing political risks in France. On the geopolitical front, Russian President […]
Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes
06/04/2024

Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes

Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil prices surge. This surge, alongside the rally in metals like Copper, ignites concerns over an inflation comeback. Such inflationary pressures, combined with a revival in manufacturing and service sectors, could deter major central banks from implementing significant […]
Market Trepidation Over Chinese Data, Dollar Marches On
17/01/2024

Market Trepidation Over Chinese Data, Dollar Marches On

Prevailing mood of risk aversion was evident in Asian session today. Hong Kong stocks led the region lower, reflecting investors’ dissatisfaction with the latest batch of Chinese economic data. While China’s Q4 GDP growth wasn’t far off from analysts’ expectations, it still fell short for some, contributing to the market’s cautious stance. Additionally, concerns were […]