Overall risk sentiment turns sour again following terrible US retail sales data. DOW futures reverse early gains and turn deep red, pointing to a much lower open. Yen is powering up following risk-off sentiment while Aussie is now leading commodity currencies lower. At the same time, Dollar is turning mixed. But for the week, the […]
The post Stocks Dive after Terrible US Retail Sales, Yen Powers Up appeared first on Action Forex.
EURUSD surged through 1.15 barrier and hit new multi-year high as effect from worsening fundamentals was boosted by a holiday-thinned market on Easter Monday. The latest escalation of trade war further deflated dollar and provided Read more…
The escalating trade war with China poses a major threat to the U.S. stock market. Ross Mayfield, investment strategist at Baird, joined TheStreet to discuss why this conflict presents a significant risk to both Wall Read more…
The S&P 500 opened 2% lower on April 21 after finishing last week down 1.5%. Last week’s losses disappointed investors who were hopeful that stocks could continue to build on a bounce-back rally that kicked Read more…