Logo-color Logo-white

Global risk appetite extended higher, with S&P 500 and NASDAQ both setting new record highs overnight. DOW also surged over 500 pts, driven by optimism following the US-Japan trade deal. In Asia, Japan’s Nikkei continued its charge, with current momentum suggesting a record high could be imminent. The breakthrough between Washington and Tokyo boosted hopes […]

The post Focus Shifts to ECB and Trump’s Fed Visit as Markets Cheer Trade Progress appeared first on Action Forex.

previous

Global Risk Rally Fueled by US-Japan Deal, Hopes Rise for EU Breakthrough

next

Euro Steady as ECB Holds, Lagarde Signals Comfort with Current Stance

Read More

Aussie Rises on Risk Rebound; RBA Keeps May Decision Open-Ended
15/04/2025

Aussie Rises on Risk Rebound; RBA Keeps May Decision Open-Ended

Commodity currencies, including Australian, New Zealand, and Canadian Dollars, are trading broadly higher in today’s Asian session, buoyed by continued recovery in global stock markets. Sterling is also advancing alongside, supported by improving risk sentiment. Meanwhile, traditional safe havens like the Swiss Franc, Japanese Yen, are on the back, along with the greenback foot. Swiss […]
Dollar Slides as Harris Takes Iowa Lead; FOMC Adds to High-Stakes Election Week
04/11/2024

Dollar Slides as Harris Takes Iowa Lead; FOMC Adds to High-Stakes Election Week

Dollar took a notable downturn in the Asian session, and picking up downward momentum too, following a weekend poll that showed Democratic presidential candidate Kamala Harris edging ahead of former President Donald Trump in Iowa. Although Harris’s 47% to 44% lead falls within the 3.4% margin of error, this development marks a significant shift in […]
Forex Markets Steady with Stabilized Sentiment, Aussie’s Recovery Dampened by Job Data
18/01/2024

Forex Markets Steady with Stabilized Sentiment, Aussie’s Recovery Dampened by Job Data

The forex market displayed relative tranquility in Asian session, with major currencies confined to tight ranges. This subdued atmosphere reflects a degree of stabilization in investor sentiment, mirrored in the performance of major Asian stock indexes which are either experiencing mild recoveries or registering only slight losses. A notable exception to this picture is China’s […]