Logo-color Logo-white

Dollar traded steady in Asian session, with traders showing little appetite for new positions ahead of key inflation data. The September CPI report, due later in the day, is expected to show a 0.4% monthly increase in headline prices and a 0.3% gain in core CPI, which would push the annual headline rate up to […]

The post Markets Hold Breath Ahead of US CPI, US–China Talks in KL appeared first on Action Forex.

previous

Geopolitics Back in Play as Oil Surges on Fresh Sanctions Against Russia

next

Dollar Slips as Softer Core Inflation Reinforces Bets on Two More Fed Cuts This Year

Read More

Yen Dominates with Strong Rally, USD/JPY Enters Bearish Trend Reversal
07/12/2023

Yen Dominates with Strong Rally, USD/JPY Enters Bearish Trend Reversal

Yen is trading as the runaway leader in today’s market, dominating traders’ focus. This rally was initially triggered by comments from BoJ Governor Kazuo Ueda regarding the central bank’s potential strategies upon exiting negative interest rates. Buying momentum for then intensified further following Ueda’s meeting with Japanese Prime Minister Fumio Kishida to discuss his monetary […]
Euro Rebounds on French Election Relief; Market Eyes Central Bank Minutes and Key Data
01/07/2024

Euro Rebounds on French Election Relief; Market Eyes Central Bank Minutes and Key Data

Euro is staging a solid rebound today, with investors feeling somewhat reassured by the preliminary results of French parliamentary elections. While the far-right National Rally made significant gains with approximately 34% of votes in the first round, this is insufficient for an outright majority in the second round scheduled for July 7. The National Rally’s […]
Risk Sentiment Dips in Europe But Euro Holds Steady
10/03/2025

Risk Sentiment Dips in Europe But Euro Holds Steady

Risk sentiment took a mild turn to the downside in European markets today, with DAX pulling back from last week’s solid gains. Investors are watching developments in Germany’s political arena, where Greens have voiced opposition to proposals by CDU’s Friedrich Merz for a sweeping overhaul of debt rules, including a massive increase in state borrowing […]