The Yen Seized the Moment
The selling of the USD, verbal interventions, and ‘hawkish’ rhetoric from the BoJ have helped the yen. The wide bond yield spread suggests the USDJPY uptrend...
Action Forex Articles
Updated 2 min ago · 20 articles from Action Forex
Sunset Market Commentary
Markets Cracks in the AI financing narrative spilled towards Asian dealings this morning with the local poster boy – South Korean Kospi – ceding 7.5% in the ...
U.S. Retail Sales Rise in September, but Gas Prices Do the Heavy Lifting
Retail and food services sales advanced by 0.8% m/m in September, following an unexpectedly strong gain in the prior month. Adjusted for inflation, sales vol...
Hot US PPI Fails to Lift Yields as AI Credit Fears Put Nasdaq at a Tipping Point
US producer inflation surged far beyond expectations on Thursday, retail sales beat forecasts and layoffs remained contained, yet Treasury yields continued f...
US Retail Sales Rise 0.8%, but Spending Excluding Gasoline Barely Grows
US retail sales increased 0.8% mom in September, exceeding expectations of 0.6%, although growth slowed from an upwardly revised 1.3% in August. According to...
US PPI Surges 1.3% as Energy Prices Spike, but Core Inflation Also Beats Forecasts
US producer inflation accelerated sharply in September, with headline PPI jumping from 0.5% to 1.3% mom, far exceeding expectations of 0.5%. According to the...
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US Jobless Claims Hold Below 200K as Labor Market Shows Little Sign of Weakening
US initial jobless claims edged higher in the week ending October 10 but remained below 200,000, suggesting that layoffs continue to be relatively contained....
Bitcoin Is Barely Clinging to Its Uptrend
Market Overview The crypto market accelerated its decline on Wednesday following a sell-off in big tech stocks and a surge in the likelihood of interest rate...
Gold Fails Again to Clearly Break Strong $4120/00 Support Zone
Gold bounced from dangerous zone on Thursday to fully reverse post-US CPI drop and fade immediate risk of eventual clear break below pivotal ($4120/00 suppor...
AUDUSD Found Sellers After Elliott Wave Double Three Pattern
Hello fellow traders, In this technical article, we’ll take a look at the AUDUSD Elliott Wave charts published in our members’ area. As our members know, AUD...
Eurozone Industrial Production Falls Again as Consumer Goods Weakness Deepens
Eurozone industrial production contracted for a second consecutive month in August, falling 0.5% mom against expectations for a 0.1% increase. July’s reading...
EUR/USD Daily Outlook
Intraday bias in EUR/USD stays neutral first. Further decline is expected as long as 1.1276 resistance holds. Break of 1.1111 will extend the fall from 1.171...
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