US stocks spent most of yesterday’s session hesitating between slight gains and slight losses, then the release of the latest Federal Reserve (Fed) minutes helped the bulls take the upper hand, as the minutes confirmed that a ‘substantial majority’ of Fed members thought it was a good idea to slow down the pace of the […]
The post Stocks Up, USD Down after Fed Minutes appeared first on Action Forex.
Bitcoin’s move above $80,000 may be the moment this rally changes character. What started as another rebound alongside surging tech stocks is now beginning to look more like a genuine momentum breakout—one that could pull Read more…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round Read more…
Markets A violent sell-off hit UK Gilts as local markets reopened following Monday’s Spring Bank Holiday. In a catch-up move to weakness in core bonds on Monday, UK yields jumped 9 to 10 bps across Read more…