Logo-color Logo-white

Yen rebounded broadly today, climbing to the top of the performance leaderboard as traders latched onto speculation that the BoJ may still raise rates as soon as October. A Bloomberg report citing unnamed officials suggested some policymakers favor an earlier move, with reduced concern about growth risks following the U.S.–Japan trade deal. The report noted […]

The post Yen Rebounds Despite Confusion Over BoJ’s Next Move appeared first on Action Forex.

previous

Greenback on the Brink, France Adds Pressure to Euro

next

Dollar Selloff Pauses Ahead of PPI Test

Read More

Swiss Franc Steady as Dovish SNB Tone Balances Offsets Rate Cut
26/09/2024

Swiss Franc Steady as Dovish SNB Tone Balances Offsets Rate Cut

Swiss Franc remained relatively stable today following SNB’s decision to cut its policy rate by 25bps, bringing it down to 1.00%. This move defied some market speculations that anticipated a larger 50bps reduction. Despite opting for a smaller cut, SNB issued a decidedly dovish statement, sharply downgrading its inflation forecasts. The central bank signaled a […]
Tariff Uncertainty Weighs on Asia Equities; Gold, Oil Slip as US Dollar Rebounds
07/07/2025

Tariff Uncertainty Weighs on Asia Equities; Gold, Oil Slip as US Dollar Rebounds

Most major Asia Pacific equity indices started the week on a weaker note, as investors turned cautious ahead of the expiration of the White House’s 90-day pause on higher global reciprocal tariffs (excluding China), scheduled for Wednesday, 9 July. Asia Pacific equities (except Singapore) weaken as tariff uncertainty looms Japan’s Nikkei 225 slipped 0.6% to […]
Caution Dominates FX as Jackson Hole Opens, Risk Mood Fragile
21/08/2025

Caution Dominates FX as Jackson Hole Opens, Risk Mood Fragile

Market activity cooled notably in Asian session today, with major currency pairs and crosses confined to tight ranges. The cautious mood reflects investor focus on the Jackson Hole Symposium, which begins today. The gathering of global central bankers is always a closely watched event, but this year’s comes at a particularly sensitive moment for markets. […]