Global forex markets turned notably quieter on Thursday as major currency pairs and crosses consolidated within Wednesday’s ranges. The pause came despite a sharp improvement in risk sentiment after Micron delivered blockbuster quarterly earnings, easing concerns that this week’s technology selloff had marked the beginning of a broader unwind in the AI trade. Asian equities […]
The post Risk Rebound Fails to Shake Dollar’s Grip on Markets appeared first on ActionForex.
Price is the quiet hinge that decides whether a new technology becomes a toy for the wealthy or a habit for everyone else. The personal computer, the cell phone, the flat-screen television, each one sat Read more…
The US personal consumption expenditures price index (PCE), Fed’s preferred inflation gauge, rose 4.1% y/y in May from unrevised 3.8% previous month, in line with expectations. May’s figure shows the largest increase and the first Read more…
Every investor eventually buys one thing not for the upside but for the comfort. It is the asset you tuck away so you can sleep through a bad headline, the one that is supposed to Read more…