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Investors expressed clear dissatisfaction with last week’s US non-farm payroll report, not much due to a miss in job growth expectations, but data left the size of the upcoming Fed rate cut unsettled, raising fears that Fed’s indecisive stance could worsen the already fragile economic outlook. In response, US equity markets ended the week sharply […]

The post Market Jitters Rise as Indecisive Fed Outlook Sparks Risk Aversion Across Assets appeared first on Action Forex.

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Sentiment Stabilizes after FOMC, Yen Jumps Again on Alleged Strategic Intervention
02/05/2024

Sentiment Stabilizes after FOMC, Yen Jumps Again on Alleged Strategic Intervention

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This past week in the financial markets has been nothing short of a rollercoaster, with Dollar clinching the title of the strongest currency amidst considerable volatility. The narrative that dominated was the dissipating likelihood of a March rate cut by Fed. But at the same time, investor sentiment took an unexpectedly optimistic turn, propelling stock […]
Yen Hits 37-Year Low Against Dollar, Japan to Intervene or Not?
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Yen Hits 37-Year Low Against Dollar, Japan to Intervene or Not?

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