Logo-color Logo-white

Aussie edged lower in Tuesday’s Asian session after minutes from the RBA’s July meeting confirmed a dovish bias, despite the surprise interest rate hold. The Board remains inclined to ease further, with the debate centered around timing rather than direction. Markets are leaning heavily toward an August rate cut, especially if Q2 CPI doesn’t deliver […]

The post RBA Signals More Cuts, Trade Risk Looms Across Asia appeared first on Action Forex.

previous

Short-Covering Continues to Lift Yen, EU Said to Brace for Tariff Fight

next

Trade War Fears Pressure Euro Stocks as EU Retaliation Risks Grow

Read More

Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum
25/10/2024

Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum

Dollar has started to ease after a strong rally this week, alongside US Treasury yields. While the greenback is consolidating gains against European majors and Yen, there’s little indication of a substantial pullback for now. Against commodity currencies, Dollar still holds potential for additional gains. Still, traders may avoid large moves ahead of the weekly […]
Canada Reverses Digital Tax to Save U.S. Trade Talks; Loonie Recovers Modestly
30/06/2025

Canada Reverses Digital Tax to Save U.S. Trade Talks; Loonie Recovers Modestly

The forex market opened the week with low volatility and mixed Asian equities, but politically driven developments are keeping some G10 currencies in motion. Dollar is the weakest performer so far, with the Canadian Dollar also under pressure despite rebounding from weekend lows. Yen leads amid safe-haven inflows, while Kiwi and Aussie post modest gains. […]
Yen Stabilizes in Weak Position as BoJ Rate Hike Awaited
23/01/2025

Yen Stabilizes in Weak Position as BoJ Rate Hike Awaited

While Yen remains the worst performer of the week so far, it has stabilized as the markets await the highly anticipated BoJ rate hike in the upcoming Asian session. Expectations for this rate move were well set by comments from BoJ Governor Kazuo Ueda last week. Risks from US political developments—specifically tariff policies under President […]