Logo-color Logo-white

Forex markets started the week on a subdued note, with Asian trading showing little momentum. With no top-tier data scheduled, activity is likely to stay muted until later in the week, leaving traders watching central bank commentary for direction. Several Fed officials are set to deliver remarks today, their first since last week’s rate cut. […]

The post Quiet Markets Look to Fed and BoE Commentary appeared first on Action Forex.

previous

Everybody Happy? Fed’s Decision Calms Markets—for Now

next

Dollar Rebound Pauses, FX Range-Bound as Markets Awaits Fedspeaks

Read More

Swiss Franc Down in Mixed Markets, Kiwi Awaits RBNZ Cut
08/10/2024

Swiss Franc Down in Mixed Markets, Kiwi Awaits RBNZ Cut

Movements in the currency markets today are somewhat mixed today. Commodity currencies are generally underperforming, led by a sharp decline in Australian Dollar. Investor sentiment in Asia was dampened by the lack of detailed stimulus measures from China, following the much-anticipated post-holiday announcement. This disappointment was starkly reflected in Hong Kong’s stock markets, which saw […]
Volatile Day as Yen Rebounds, Sterling Holds Firm, Kiwi Slumps
20/08/2025

Volatile Day as Yen Rebounds, Sterling Holds Firm, Kiwi Slumps

There are three themes dominating currency markets today: a stronger rebound in the Yen, firming Sterling, and a sharp tumble in Kiwi. Moves are being shaped by local economic drivers as well as shifting central bank expectations, setting the stage for a cautious but active session. Yen’s rally came alongside a steep pullback in Japanese […]
Dollar Spikes on Strong PPI Data, Reverses as Bears Maintain Control
14/05/2024

Dollar Spikes on Strong PPI Data, Reverses as Bears Maintain Control

Dollar spiked higher after US PPI reported stronger-than-expected monthly rise. However, this upward movement was quickly reversed within minutes, indicating that bearish sentiment continues to dominate the greenback. The key question now is whether Dollar will see downside breakouts before tomorrow’s crucial CPI release. Sterling’s movements have also been indecisive. The Pound initially recovered following […]