The market switched from inflation fears to panic mode regarding growth. Yields moved aggressively lower as a result. Take a read below to find out more Dollar Index (DXY): With lighter volumes due to the holiday state side, the better risk sentiment in equity futures saw the dollar offered as high beta currencies attracted flows. […]
The post The Weekly Close Out appeared first on Action Forex.
AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…