Forex markets are trading quietly in the Asian session, remaining within Friday’s range and showing little impetus to move decisively in either direction. Dollar is staying on the back foot, with a lack of substantial buying interest to sustain a meaningful rebound. While last week’s non-farm payroll data helped calm fears of a rapid labor […]
The post Dollar Stays Soft as Forex Markets Quiet, US CPI Highlights the Week appeared first on Action Forex.
Slovak ECB Governing Council member Peter Kazimir emphasized the need for flexibility in monetary policy, cautioning against premature decisions on interest rate cuts. In a blog post, he highlighted that inflation risks remain “tilted to Read more…
Gold faces low volatility around 20-day SMA. Short-term bias looks neutral-to-bearish. Gold maintained a muted tone around the 2,900 mark as the new week kicked off, disregarding concerns about a potential US economic slowdown. The Read more…
The Euro keeps firm tone on Monday after surging over 4% last week and consolidating near new four-month high. The single currency continues to ride on a fresh wave of dollar’s weakness, with last week’s Read more…