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 1 min ago · 7 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 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...
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...
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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...