Swiss Franc is staying as the strongest one for today while markets are rather quiet elsewhere. Yen turns slightly weaker and US and European yields recover. But Dollar is also weak on overall steady sentiment. As for the week, however, Aussie and Kiwi are the worst performers, followed by Yen and Dollar. Swiss Franc and […]
The post Swiss Franc Extending Rally, Yen Softens as Yields Recover appeared first on Action Forex.
Germany’s GfK Consumer Climate for May fell sharply from -28.1 to -33.3, marking its lowest level since February 2023 and signaling further deterioration in household sentiment. The decline reflects mounting pressure on consumers as inflation Read more…
Daily Pivots: (S1) 159.13; (P) 159.49; (R1) 159.73; More… Range trading continues in USD/JPY and intraday bias remains neutral for the moment. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to Read more…
Daily Pivots: (S1) 0.7837; (P) 0.7858; (R1) 0.7870; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.7933 resistance holds. On the downside, sustained break of 61.8% Read more…