Trump Cancels Planned Attacks on Iran, Stocks Rally: Market Reactions
Markets were aggressively pricing in a violent restart of hostilities between the United States and Iran following this morning’s firm rejection of the latest Iranian diplomatic proposal. However, the geopolitical…
RBA Minutes: Members see case for rate hike as inflation expectations risk grows
The Reserve Bank of Australia (RBA) published the Minutes of its May monetary policy meeting this Tuesday, which showed that eight members saw case for rate hike as strongest and…
Oil futures have reopened for trade, lower on Iran optimism
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
Japan’s GDP grows 0.5% QoQ in Q1 2026 vs 0.4% expected
The Japanese economy expanded 0.5% over the quarter in the first quarter (Q1) of 2026, the preliminary report published by the Cabinet Office showed on Tuesday. This reading followed a…
NZD/USD gains as weaker US Dollar offsets cautious US-Iran headlines
The NZD/USD starts the session near the 0.5880 region on Tuesday as the US Dollar (USD) weakens amid shifting Federal Reserve (Fed) expectations and mixed developments surrounding negotiations between the…
Trump says good chance of Iran deal after Gulf states secure attack pause
Trump says there is a good chance an Iran nuclear deal can be reached after pausing a planned military strike at the request of Saudi Arabia, Qatar and the UAE,…
What are the bias, risks, and key targets for the EURUSD, USDJPY, and GBPUSD right now?
As the new trading day gets underway, markets are off to a relatively cautious and choppy start. Oil prices are modestly lower and trading near session lows after giving back…
British Pound rises as Burnham reassures, Starmer pressure mounts
The British Pound extended its gains on Monday as political pressure over Prime Minister (PM) Keir Starmer increased. At the same time, Andy Burnham—the challenger to succeed Starmer—ruled out changing…
Sunset Market Commentary – ActionForex
Markets Core bonds took a breather after last week’s violent selloff. Japanese markets this morning suggested otherwise though. The long end was pressured strongly with yields rising up to 20…
EURUSD bangs against target resistance at 1.1655. Can the buyers get through the target.
In the morning kickstart video, I commented on the 1.1655 level as a key target. The infograph highlights my key technical comment on that pair (see highlighted yellow are on…
