Dollar’s selloff intensified in today’s Asian session, underpinned by strong risk-on sentiment prevalent in the market. This move was particularly evident in USD/JPY, which saw broke through an important near-term support level around the 149 mark, signaling the prospect for further decline. Yen’s strength was mirrored by Chinese Yuan, while the Australian and New Zealand […]
The post Dollar Weakens, Yen Strengthens, and Nikkei’s New Highs appeared first on Action Forex.
Eurozone retail sales edged lower in March, with the volume of retail trade falling -0.1% mom, outperforming expectations for a steeper -0.4% mom decline. The data suggest consumer spending remains soft, as higher energy costs Read more…
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