Logo-color Logo-white

Trading remained subdued in the forex markets today, with most major pairs consolidating within Friday’s ranges. Dollar has given back some of last week’s gains, though selling momentum remains modest and order flows are light. Market conviction on the Fed outlook remains steady. Futures price a 92% probability of a rate cut at the October […]

The post Dollar Rebound Pauses, FX Range-Bound as Markets Awaits Fedspeaks appeared first on Action Forex.

previous

Quiet Markets Look to Fed and BoE Commentary

next

Aussie, Kiwi Slip on Asia Stock Retreat, PMIs Weigh, Dollar Awaits Fed’s Bowman and Powell

Read More

Markets Unmoved by Japan and Australia Data, Bitcoin Surges
09/01/2024

Markets Unmoved by Japan and Australia Data, Bitcoin Surges

Today’s Asian trading session has been relatively subdued. Japan reported deeper-than-expected contraction in household spending, while Tokyo CPI core showed slowdown in line with market expectations. However, Yen’s near-term rebound seems to be losing steam as these data releases have not provided significant market impetus. Meanwhile, Nikkei index returned from holiday with a bounce, though […]
Dollar Muted Despite Strong PPI, Awaits Reciprocal Tariffs
13/02/2025

Dollar Muted Despite Strong PPI, Awaits Reciprocal Tariffs

The currency markets are treading cautiously, with traders showing little reaction to stronger-than-expected US PPI data and a better-than-anticipated jobless claims report. Despite these inflationary signals, Dollar has struggled to gain further traction, as market participants hold their positions ahead of a highly anticipated announcement on US “reciprocal tariffs” from President Donald Trump. The announcement, […]
From Trade War to Bond Shock: Global Markets Face Multi-Front Crisis
09/04/2025

From Trade War to Bond Shock: Global Markets Face Multi-Front Crisis

The relentless selling pressure in global markets shows no sign of abating, with European stocks and US futures once again under fire today. China’s latest retaliatory move to hike tariffs on US goods from 34% to 84% has reignited investor fears, just as the US implemented its own increase to a staggering 104% on Chinese […]