Market Overview – Action Forex https://www.actionforex.com Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian Dollar, AUD Australian Dollar, NZD New Zealand Dollar Thu, 25 Apr 2019 04:00:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 Euro Weakens as German 10-Year Yield Threatens to Turn Negative, Swiss Franc Rebound https://www.actionforex.com/action-insight/market-overview/192580-euro-weakens-as-german-10-year-yield-threatens-to-turn-negative-swiss-franc-rebound/ https://www.actionforex.com/action-insight/market-overview/192580-euro-weakens-as-german-10-year-yield-threatens-to-turn-negative-swiss-franc-rebound/#respond Wed, 24 Apr 2019 13:15:18 +0000 https://www.actionforex.com/?p=192580 Swiss Franc regains much ground today in mixed financial markets. Optimism over US corporate earnings had virtually no impact in Asian and European markets. Instead, European stocks turned mixed after German Ifo business confidence turned south again after brief recovery last month. German 10-year yield also suffers rather steep decline, and is threatening to turn […]

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Australian Dollar in Free Fall after Big CPI Miss, BoC Watched Today https://www.actionforex.com/action-insight/market-overview/192314-australian-dollar-in-free-fall-after-big-cpi-miss-boc-watched-today/ https://www.actionforex.com/action-insight/market-overview/192314-australian-dollar-in-free-fall-after-big-cpi-miss-boc-watched-today/#respond Wed, 24 Apr 2019 04:36:12 +0000 https://www.actionforex.com/?p=192314 Australian Dollar is overwhelmingly the worst performing one today. It suffers heavy selling after much weaker than expected CPI raises the chance of RBA rate cut later this year. New Zealand Dollar follows as second as RBNZ is also expected to cut, just probably earlier in May. Canadian Dollar is the third weakest on anticipation […]

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Dollar Surges Broadly on Earning Optimism, Gold Extends Decline https://www.actionforex.com/action-insight/market-overview/192233-dollar-surges-broadly-on-earning-optimism-gold-extends-decline/ https://www.actionforex.com/action-insight/market-overview/192233-dollar-surges-broadly-on-earning-optimism-gold-extends-decline/#respond Tue, 23 Apr 2019 14:09:28 +0000 https://www.actionforex.com/?p=192233 Dollar rises broadly in early US session as traders seem preparing for solid Q1 earnings reports in US. Stocks indices are relatively steady, though, with DOW, S&P 500 and NASDAQ up slightly in initial trading. But after all, improvement in the overall sentiments could revive the chance for a Fed hike later in the year. […]

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Forex Markets Tread Water as Impact of Oil Rally Fades https://www.actionforex.com/action-insight/market-overview/191880-forex-markets-tread-water-as-impact-of-oil-rally-fades/ https://www.actionforex.com/action-insight/market-overview/191880-forex-markets-tread-water-as-impact-of-oil-rally-fades/#respond Tue, 23 Apr 2019 03:18:50 +0000 https://www.actionforex.com/?p=191880 The forex markets remain relatively quiet in Asian session today. Canadian Dollar surged briefly yesterday as lifted by rally in oil price. WTI crude oil remains firm in at 65.80, after rising on news that US is ending Iranian oil sanction wavier for eight countries. But the boost to the Loonie is rather brief while […]

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Canadian Dollar Pulled Higher by Oil, But Cautious ahead of BoC https://www.actionforex.com/action-insight/market-overview/191784-canadian-dollar-pulled-higher-by-oil-but-cautious-ahead-of-boc/ https://www.actionforex.com/action-insight/market-overview/191784-canadian-dollar-pulled-higher-by-oil-but-cautious-ahead-of-boc/#respond Mon, 22 Apr 2019 07:08:57 +0000 https://www.actionforex.com/?p=191784 Canadian Dollar open the week generally higher, as helped by strong rally in oil price, on supply concern. Though, the Loonie is generally bounded in range only. BoC rate decision and statement this week will be crucial to the next move. For now, risks are mildly on the upside for USD/CAD, and any dovish twist […]

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Strong Retail Sales and Jobless Claims Boost Dollar, But Yen Outperforms https://www.actionforex.com/action-insight/market-overview/191556-strong-retail-sales-and-jobless-claims-boost-dollar-but-yen-outperforms/ https://www.actionforex.com/action-insight/market-overview/191556-strong-retail-sales-and-jobless-claims-boost-dollar-but-yen-outperforms/#respond Thu, 18 Apr 2019 13:20:14 +0000 https://www.actionforex.com/?p=191556 Dollar jumps broadly in early US session after very strong retail sales and jobless claims. Yen is the only one stronger than the greenback, thanks to pull back in global treasury yields. Euro, as well as benchmark German yield tumble as poor PMIs dent hope for a recovery in Q2. New Zealand Dollar is the […]

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Eurozone PMIs, Retail Sales from UK, US and Canada Watched https://www.actionforex.com/action-insight/market-overview/191303-eurozone-pmis-retail-sales-from-uk-us-and-canada-watched/ https://www.actionforex.com/action-insight/market-overview/191303-eurozone-pmis-retail-sales-from-uk-us-and-canada-watched/#respond Thu, 18 Apr 2019 06:58:42 +0000 https://www.actionforex.com/?p=191303 Asian markets turned softer today, ahead of long weekend. Major indices are trading in slightly in red as traders lighten up positions. In the currency markets, Yen is so far the strongest one for today, naturally. Australian Dollar is the second strongest, as lifted slightly by solid employment data. However, gain is so far rather […]

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Canadian Dollar Jumps on CPI, Treasury Yields Rise on China Data https://www.actionforex.com/action-insight/market-overview/191167-canadian-dollar-jumps-on-cpi-treasury-yields-rise-on-china-data/ https://www.actionforex.com/action-insight/market-overview/191167-canadian-dollar-jumps-on-cpi-treasury-yields-rise-on-china-data/#respond Wed, 17 Apr 2019 13:55:38 +0000 https://www.actionforex.com/?p=191167 Global treasury yields are boosted by solid data from China today. German 10-year yield hit at high as 0.104 and is now back at around 0.08. US 10-year yield breaches hit 2.614 and it’s now trying to own 2.6 handle. These are both signs of improvements in market sentiments as stabilization in China’s slowdown is […]

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Aussie Lifted by Strong China Data, Kiwi Tumbles on CPI and RBNZ Bets https://www.actionforex.com/action-insight/market-overview/190895-aussie-lifted-by-strong-china-data-kiwi-tumbles-on-cpi-and-rbnz-bets/ https://www.actionforex.com/action-insight/market-overview/190895-aussie-lifted-by-strong-china-data-kiwi-tumbles-on-cpi-and-rbnz-bets/#respond Wed, 17 Apr 2019 05:43:02 +0000 https://www.actionforex.com/?p=190895 Australian and New Zealand Dollars have very different fortunes today. Aussie was boosted higher by stronger than expected Chinese data. On the other hand, Kiwi dived as weaker than expected CPI raises the chance of RBNZ rate cut at next meeting. In between, Euro is the second strongest so far, followed by Sterling. Dollar is […]

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Funds Flowing Out of Safe Haven Swiss Franc, Gold and Bonds https://www.actionforex.com/action-insight/market-overview/190744-funds-flowing-out-of-safe-haven-swiss-franc-gold-and-bonds/ https://www.actionforex.com/action-insight/market-overview/190744-funds-flowing-out-of-safe-haven-swiss-franc-gold-and-bonds/#respond Tue, 16 Apr 2019 13:14:19 +0000 https://www.actionforex.com/?p=190744 Funds are flowing out notably from safe haven assets today. Gold dives through 1280 handle and is resuming fall from 1346.71 high. German 10-year yield is up for another day at 0.067. US 10-year yield is also trading stronger at 2.575, possibly targeting 2.6 handle. In the currency markets, Swiss Franc is suffering broad based […]

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Australian Dollar Tumbles on Dovish RBA Minutes, New Zealand and Canadian Also Weak https://www.actionforex.com/action-insight/market-overview/190463-australian-dollar-tumbles-on-dovish-rba-minutes-new-zealand-and-canadian-also-weak/ https://www.actionforex.com/action-insight/market-overview/190463-australian-dollar-tumbles-on-dovish-rba-minutes-new-zealand-and-canadian-also-weak/#respond Tue, 16 Apr 2019 04:56:33 +0000 https://www.actionforex.com/?p=190463 Commodity currencies are generally under some selling pressure today. Australian Dollar is the weakest one as RBA took another step to laid the ground for rate cut by dovish minutes. RBNZ Governor Adrian Orr reiterated the central bank’s easing bias. Canadian Dollar was sold off overnight after poor Business Outlook Survey and remains weak in […]

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Forex Markets Turn Mixed as Risk Appetite Cools, More Inspirations Needed https://www.actionforex.com/action-insight/market-overview/190355-forex-markets-turn-mixed-as-risk-appetite-cools-more-inspirations-needed/ https://www.actionforex.com/action-insight/market-overview/190355-forex-markets-turn-mixed-as-risk-appetite-cools-more-inspirations-needed/#respond Mon, 15 Apr 2019 14:17:52 +0000 https://www.actionforex.com/?p=190355 The forex markets turn relatively mixed today and markets lack a general direction. Risk appetite appeared to be firm earlier in Asian session but quickly faded. Major US indices open the day mildly lower. While German 10-year yield is trading up at the time of writing, US 10-year yield is trading down mildly. In the […]

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Risk Appetite Lifted by More US-China Trade Optimism, Eurozone and China Data Watched This Week https://www.actionforex.com/action-insight/market-overview/190063-risk-appetite-lifted-by-more-us-china-trade-optimism-eurozone-and-china-data-watched-this-week/ https://www.actionforex.com/action-insight/market-overview/190063-risk-appetite-lifted-by-more-us-china-trade-optimism-eurozone-and-china-data-watched-this-week/#respond Mon, 15 Apr 2019 05:10:09 +0000 https://www.actionforex.com/?p=190063 Dollar trade mildly lower in Asian session after more verbal attack on Fed by Trump. Australian Dollar follows as second weakest, paring some of last week’s gains. On the other hand, New Zealand Dollar is the second strongest one, followed by Sterling. But after all, all major pairs and crosses are bounded inside Friday’s range […]

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Yields Surged, Yen Tumbled on Receding Global Risks https://www.actionforex.com/action-insight/market-overview/weekly-report/189947-yields-surged-yen-tumbled-on-receding-global-risks/ https://www.actionforex.com/action-insight/market-overview/weekly-report/189947-yields-surged-yen-tumbled-on-receding-global-risks/#respond Sun, 14 Apr 2019 10:04:53 +0000 https://www.actionforex.com/?p=189947 The financial markets were generally dominated by positive sentiments last week. Major global economic risks seemed to be receding generally, even though some uncertainties remain. The development was best seen in the strong rally in treasury yields. US 10-year yield closed the week up 0.059 at 2.56, above 2.554 key resistance and pointed to near […]

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Global Sentiments Boosted by Rebound in Chinese Exports, German & US Yields Surge https://www.actionforex.com/action-insight/market-overview/189808-global-sentiments-boosted-by-rebound-in-chinese-exports-german-us-yields-surge/ https://www.actionforex.com/action-insight/market-overview/189808-global-sentiments-boosted-by-rebound-in-chinese-exports-german-us-yields-surge/#respond Fri, 12 Apr 2019 13:22:45 +0000 https://www.actionforex.com/?p=189808 Global market sentiments appeared to be given a strong boost by trade data from China. The much larger than expected rise in export is seen as positive sign of global demand. While there were some weak spots in the set of data, investors are enjoying the rally anyway. The optimism is particular apparent in German […]

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Euro Picks Up Broad Based Strength Thanks to Rebounds in Crosses https://www.actionforex.com/action-insight/market-overview/189566-euro-picks-up-broad-based-strength-thanks-to-rebounds-in-crosses/ https://www.actionforex.com/action-insight/market-overview/189566-euro-picks-up-broad-based-strength-thanks-to-rebounds-in-crosses/#respond Fri, 12 Apr 2019 04:39:53 +0000 https://www.actionforex.com/?p=189566 Euro jumps broadly in Asian session today, partly by extended rebound in EUR/AUD, EUR/CAD, and more importantly EUR/CHF. The common currency has clearly left behind the mild dovishness of ECB earlier this week. EUR/JPY also resumed recent rise thanks to broad based weakness in Yen. Stocks markets are mixed but resilience in treasury yields is […]

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Dollar Rebounds as Boosted by Jobless Claims, But No Confirmation of Turnaround Yet https://www.actionforex.com/action-insight/market-overview/189483-dollar-rebounds-as-boosted-by-jobless-claims-but-no-confirmation-of-turnaround-yet/ https://www.actionforex.com/action-insight/market-overview/189483-dollar-rebounds-as-boosted-by-jobless-claims-but-no-confirmation-of-turnaround-yet/#respond Thu, 11 Apr 2019 13:27:38 +0000 https://www.actionforex.com/?p=189483 Dollar strengthens notably in early US session with help from another set of solid job data. Initial claims is back trending down and hit another low since 1969. 10-year yield is also recovering and could head back to 2.5 handle. Meanwhile, Euro is following as a close second. Canadian Dollar is the weakest one, followed […]

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Sterling Mildly Higher after Brexit Extension, Dollar Mixed after FOMC Minutes https://www.actionforex.com/action-insight/market-overview/189197-sterling-mildly-higher-after-brexit-extension-dollar-mixed-after-fomc-minutes/ https://www.actionforex.com/action-insight/market-overview/189197-sterling-mildly-higher-after-brexit-extension-dollar-mixed-after-fomc-minutes/#respond Thu, 11 Apr 2019 04:52:27 +0000 https://www.actionforex.com/?p=189197 Sterling is given a mild lift after EU grants UK Article 50 delay till October 31. Even though it’s still uncertain how Prime Minister Theresa May could get the Withdrawal Agreement through the parliament, the cliff-edge is at least pushed for nearly six months. The Pound is, after all, staying in familiar range without any […]

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Euro Pressured after ECB, Yen Rises on Falling Treasury Yields https://www.actionforex.com/action-insight/market-overview/189115-euro-pressured-after-ecb-yen-rises-on-falling-treasury-yields/ https://www.actionforex.com/action-insight/market-overview/189115-euro-pressured-after-ecb-yen-rises-on-falling-treasury-yields/#respond Wed, 10 Apr 2019 15:06:17 +0000 https://www.actionforex.com/?p=189115 Euro weakens broadly after ECB kept monetary policies unchanged. While president Mario Draghi delivered not much new in the press conference, he did acknowledged that downside risks are materializing. Recovery in EUR/USD and EUR/JPY now look rather short-lived. Meanwhile, Dollar is mixed after CPI data offered nothing for Fed to shift from its patient stance. […]

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Yen Digests Gain as Trade War Threats Continue to Weigh on Sentiments, ECB to Stand Pat https://www.actionforex.com/action-insight/market-overview/188822-yen-digests-gain-as-trade-war-threats-continue-to-weigh-on-sentiments-ecb-to-stand-pat/ https://www.actionforex.com/action-insight/market-overview/188822-yen-digests-gain-as-trade-war-threats-continue-to-weigh-on-sentiments-ecb-to-stand-pat/#respond Wed, 10 Apr 2019 05:46:43 +0000 https://www.actionforex.com/?p=188822 The forex markets are relatively steady in Asian session today. For the week, Yen is so far the strongest, following mild risk aversion. Investors are concerned that the US is going to escalate trade war with EU, while they haven’t even finished negotiations with China. The punitive and retaliation tariffs of US and China are […]

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