Asian stocks flashed red on Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Global equity markets were flung on a chaotic rollercoaster ride as investors grappled with Fed hike fears and mounting geopolitical tensions over Ukraine. In the currency space, king dollar edged higher despite the slight retreat in Treasury […]
The post Markets Cautious Ahead Of Russia-Ukraine Tensions and Fed Meeting appeared first on Action Forex.
Key Highlights EUR/USD started a fresh increase above the 1.0750 resistance zone. A short-term rising channel with support at 1.0800 on the 4-hour chart. GBP/USD surged above the 1.2850 and 1.2880 resistance levels. Crude oil Read more…
Japan’s labor cash earnings rose 2.8% yoy in January, falling short of market expectations of 3.2% yoy. Nominal wage growth remained positive for the 37th month. Real wages, adjusted for inflation, fell -1.8% yoy, reversing Read more…
The economy is starting to look weak. Wall Street is stressed by all the volatility in the financial markets. The big immediate issues are tariffs and the potential for huge job cuts in federal government Read more…