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By ActionForex On Tuesday, January 16th, 2018

Euro Rally Continues With Hawkish ECB Comments, Aussie Strong On China

Dollar is mildly higher in Asian session, as it turns into consolidation after recent steep selloff. Among the mostly traded currencies, Australian Dollar is trading as the strongest one. That’s partly More...

By ActionForex On Monday, January 15th, 2018

Dollar Selloff Continues, BOC To Hike This Week

Dollar continues to trade as the weakest major currency as another week starts. Over the month, the greenback is trading weakest against and . Meanwhile, Euro is catching up as Germany is closer to reforming More...

By ActionForex On Friday, January 12th, 2018

Euro Surged On Hawkish ECB Minutes, Dollar To Look Into CPI

Risk appetite continued to be generally strong. DOW closed up 205.6 pts, or 0.81% overnight to 25574.73. and NASDAQ were up 0.7% and 0.8% respectively. All hit new record highs. Positive sentiments continue More...

By ActionForex On Thursday, January 11th, 2018

Aussie Higher After Retail Sales, Dollar Down But Not Out

trades broadly higher in Asian session as lifted by retail sales data. While AUD/UD is still limited below 0.7896 key near term resistance, has dipped through 1.5226 support, which signals more Aussie strength More...

By ActionForex On Wednesday, January 10th, 2018

US Yields Surged With Strong Risk Appetite, Dollar Preparing for Sustainable Rebou

Risk appetite remains strong in global financial markets. All three major US indices, DOW, and NASDAQ made record highs over night. Optimism carries on in Asian session. Even though is trading a touch lower, More...

By ActionForex On Tuesday, January 9th, 2018

Yen Jumps As BOJ Lowers Long Dated JGB Purchase, Aussie Rebounds On Housing Data

Yen strengthens against all major currencies in Asian session on news that BoJ lowers its long-dated JGB purchases. Strength in Yen is followed by Aussie, which is lifted by strong housing data. On the other hand, More...

By ActionForex On Monday, January 8th, 2018

Aussie Lower As Government Forecasts 20% Fall In Iron Ore Price In 2018

Markets open another week rather steadily. Canadian Dollar remains the strongest one as supported by rate hike expectations. Dollar is trying to recover again, in particular as is feeling heavy ahead of 1.2091 More...

By ActionForex On Friday, January 5th, 2018

Yen And Franc Broadly Lower On Risk Appetite, Non-farm Payrolls, Canadian Job

Japanese Yen and Swiss Franc are trading as the weakest major currencies for the week on strong global risk appetite. is extending recent rally in Asian session, after hitting 26 year high yesterday. DOW, and More...

By ActionForex On Wednesday, January 3rd, 2018

Dollar Trying To Recover After New Year Selloff Fomc Minutes And ISM Manufacturin

Dollar is trying to recover in Asian session today after the steep new year selloff. Nonetheless, the greenback remains the second weakest one for the week, just next to . and NASDAQ closed at records high at 26951.81 More...

By ActionForex On Tuesday, January 2nd, 2018

Slow Start To 2018, Dollar Look Forward To FOMC Minutes, ISM And NFP

The forex markets start rather slowly today as, without any news, traders are staying in holiday mood. Trading could remain subdued today as UK manufacturing PMI is seen as the only market moving event. Nonetheless, More...