Dollar’s rebound stalled once again quickly, as risk markets appear to have stabilized. Overall, Swiss Franc is following the greenback as the second strongest for the week so far, then Canadian. Yen is the worst performer, followed by Aussie and Kiwi. Euro and Sterling are mixed with Sterling having an upper hand. Canadian retail sales […]
The post Dollar Rally Stalled Once Again, CAD Looks into Retail Sales appeared first on Action Forex.
AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Read more…
USD/JPY held near 157.22 on Tuesday following a volatile start to the week. Pressure on the Japanese yen has increased as demand for the US dollar has returned, with investors once again favouring the greenback Read more…
Luxury retail giant Saks Global is moving closer to a bankruptcy exit, but its restructuring is still resulting in additional job cuts. Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Read more…