Logo-color Logo-white

Swiss Franc and US Dollar appreciated broadly today as investors sought safe-haven assets in response to escalating geopolitical risks. Gold extended its near-term rebound, while Bitcoin surged to a new record high, reflecting heightened demand for alternative stores of value. The catalyst for this shift was a warning from Russian President Vladimir Putin that the […]

The post Swiss Franc and Dollar Gain as Putin Warns of Global War Escalation, Euro Awaits PMIs appeared first on Action Forex.

previous

Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down

next

Euro and Sterling Under Fire after PMIs, Swiss Franc Reverses Gains

Read More

Aussie Dips Following RBA, With Loonie and Kiwi Also Impacted by Risk Aversion
05/12/2023

Aussie Dips Following RBA, With Loonie and Kiwi Also Impacted by Risk Aversion

Today’s Asian session saw broad decline in Australian Dollar, along with New Zealand and Canadian Dollars. This pattern suggests a shift towards risk aversion among investors, a sentiment echoed by the performance of major Asian stock indexes. Hong Kong stocks, in particular, continued their recent down trend, reaching new lows due to disappointing earnings results […]
Calmer Markets Shift Focus to US PCE Inflation Data
26/07/2024

Calmer Markets Shift Focus to US PCE Inflation Data

The forex markets have calmed down considerably in Asian session after a week of significant wild ride. Despite the pause, the risk-averse sentiment persists. Yen, which has led the charge this week, is starting to take a breather. It remains the runaway leader, followed by Swiss Franc and then Dollar. Meanwhile, New Zealand Dollar has […]
19/02/2024

Subdued Trading and Anticipation for RBA Minutes

Activity in the global financial markets are rather muted today, with major European stock indexes reading water within a narrow range. US futures are also showing little change, reflecting the quietness of US market holiday. In the currency sphere, movements are similarly subdued, with Euro and Swiss Franc ranking as the day’s weaker currencies followed […]