Logo-color Logo-white

The past few weeks highlighted the volatility of global financial markets and how quickly investor sentiment can shift. The sharp selloff in US markets, driven by fears of an impending recession, now appears significantly overdone in light of last week’s robust rebound. Strong retail sales data was a key factor in this turnaround, showing that […]

The post Markets Roar Back as Recession Fears Fade, Safe Havens Crumble appeared first on Action Forex.

previous

Yen and Swiss Franc Recover as Benchmark Yields Ease

next

Yen Gains Ground as Dollar Weakens, Focus on Fed Powell’s Jackson Hole Speech This Week

Read More

Swiss Franc Outperforms as Global Inflation Data Lack Lasting Impact on Forex
01/06/2024

Swiss Franc Outperforms as Global Inflation Data Lack Lasting Impact on Forex

Inflation data were the key drivers in the forex markets last week, though they failed to produce any sustained movements across major currencies. Australian Dollar rallied following robust CPI figures, yet its gains were limited by the prevailing risk-off sentiment in the region. Similarly, Euro received a modest boost after unexpected acceleration in inflation, but […]
Yen’s Decline Persists Following Japan CPI Release, Dollar Upholds Its Lead
19/01/2024

Yen’s Decline Persists Following Japan CPI Release, Dollar Upholds Its Lead

Yen’ decline resume today after release of Japan’s latest CPI data, which suggests that BoJ is not be under immediate pressure to exit its negative interest rate policy. . Economists have noted a crucial aspect of Japan’s inflation dynamics: while cost-push inflation is clearly easing, the transition to demand-pull inflation remains unconfirmed. The market’s attention […]
Market Sentiment Stabilizes, Attention on BoC Decision and US ADP Job
06/12/2023

Market Sentiment Stabilizes, Attention on BoC Decision and US ADP Job

Global market sentiment shows signs of stabilization in Asia today, marked by gains in major indices like Nikkei Hong Kong’s HSI. This shift indicates that the markets have largely absorbed the impact of Moody’s downgrade of China’s rating outlook, redirecting attention towards economic data and central bank policies. The spotlight is now on BoC’s interest […]