Action Forex Articles

Updated 1 min ago · 20 articles from Action Forex

Action Forex Oct 15, 2:27 PM

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 Oct 15, 2:24 PM

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 ...

Action Forex Oct 15, 1:41 PM

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...

Action Forex Oct 15, 1:38 PM

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...

Action Forex Oct 15, 12:57 PM

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...

Action Forex Oct 15, 12:51 PM

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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Action Forex Oct 15, 12:41 PM

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....

Action Forex Oct 15, 12:36 PM

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...

Action Forex Oct 15, 10:59 AM

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...

Action Forex Oct 15, 10:58 AM

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...

Action Forex Oct 15, 9:11 AM

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...

Action Forex Oct 15, 8:58 AM

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...