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Markets Whether one should denominate today’s global price action as outright ‘risk-on’ might be subject to debate. Most major stock market indices are trading in green. The Eurostoxx 50 even adds 1% and is only a whisker away from an all-time record. US indices open with solid gains (S&P 500 +0.65%). Japan outperforms (Topix + […]

The post Sunset Market Commentary appeared first on Action Forex.

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XAU/USD: Gold Consolidating After Friday’s 2% Pullback

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EURUSD: Mixed Signals While Price Holds Within Daily Cloud

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15/05/2025

Dollar Hit by Headlines that US Seeking Engagements on a Weaker Dollar at Trade Negotiations

Markets There were very few eco data to guide global trading yesterday. (US) equities took a breather. Details on US trade agreements with the likes China and the UK still have to be hammered out. This is also the case for (framework) deals with other trading partners. For now, equity investors felt enough trade de-escalation […]
24/04/2025

Gold’s Downturn Won’t Last: Global Risks Remain Elevated

The gold price rebounded to $3,350 per troy ounce on Thursday after two consecutive days of steep declines unsettled investors. However, this dip is likely temporary. Key Drivers Behind Gold’s Movements U.S. Treasury Secretary Scott Bessent noted that high tariffs between the U.S. and China must be reduced before trade negotiations progress. However, he stressed […]
25/10/2024

NZD/USD Hits Four-Week Low Amid US Dollar Strength

The NZD/USD pair dropped to 0.5988 this Friday, marking a potential close lower for the fourth consecutive week. The strength of the US dollar continues to dominate the currency pair, fuelled by expectations of a moderate interest rate cut by the Federal Reserve and persistent demand for the USD amid geopolitical tensions in the Middle […]