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Markets Core bond yields grinded higher yesterday in a news-poor trading session. With the move both US and German yields recouped most of Tuesday’s intraday losses. Net daily changes varied between +2 bps (2-yr) and +5.6 bps (10-yr, 30-yr) in the US and +1.3 bps (30-yr) and +3 bps (5-yr) in Germany. China’s equity boost […]

The post Waiting on Speech by Fed Powell With Second Tier US Data appeared first on Action Forex.

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15/02/2024

Has Japanese Yen Missed the Recovery Train?

Yen down more than 6% against US dollar this year already Traders less confident Japan will raise rates, as inflation slows For the yen to recover, global economy needs to weaken Yen feels the blues Another year, another meltdown for the Japanese currency. A combination of worsening economic data and some cautious messages by the […]
19/01/2024

The Beats of Their Own Drums

Australia has been later to the inflation surge and disinflation than peer economies. So the RBA will be later than its peers to cut rates, too. Central banks can move policy according to domestic needs rather than be led by the Fed. Exchange rates are likely to respond. The world is entering 2024 with global […]
17/07/2024

Crypto Market Reversal Saves XRP & Litecoin from Collapse

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