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Global financial markets are currently basking in a robust wave of risk-on sentiment, evidenced by Japan’s Nikkei and Europe’s Stoxx 600 indices reaching new record highs. The optimism is further bolstered by promising US futures, with the technology sector leading the charge, significantly propelled by Nvidia’s impressive results. This surge in tech enthusiasm is largely […]

The post Yen Falters in Risk-On Environment, Dollar Seeks Comeback With Surging Yields appeared first on Action Forex.

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Dollar Under Pressure as Markets Await Crucial US CPI , Aussie and Kiwi Lead Gains
15/05/2024

Dollar Under Pressure as Markets Await Crucial US CPI , Aussie and Kiwi Lead Gains

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Yen Stabilizes After Sharp Rally, Japan Withholds Confirmation of Intervention

Yen is currently trading as the strongest currency for the day as the markets enter into US session. The earlier dip below 160 psychological support against Dollar spurred a wave of buying, propelling Yen sharply higher. However, subsequent trading has not shown clear follow-through momentum, indicating that the initial surge may have been more of […]
Sentiment Stabilization Reverses Yen Gains and Halts Gold’s Rebound
20/11/2024

Sentiment Stabilization Reverses Yen Gains and Halts Gold’s Rebound

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