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The Dollar extended its broad-based decline on Friday as Federal Reserve Chairman Kevin Warsh offered no indication that another rate hike was becoming more urgent at the October 27–28 FOMC meeting, despite hotter-than-expected CPI and PPI reports. According to CME FedWatch, the probability of an October hike dropped from 27.7% to 16.1%, while the Dollar Index fell toward 101.69.

The post Dollar Extends Slide as Fed Warsh Refuses to Revive October Hike Bets appeared first on ActionForex.

GBP/USD Rebounds on Dollar Weakness, but EUR/GBP and GBP/CHF Hold the Sterling Verdict TL;DR: GBP/USD has rebounded sharply from 1.3135, but with EUR/GBP stalling near a key support level and GBP/CHF still stuck below 1.1105, the move looks more like a Dollar retreat than genuine Sterling strength—even as a November BoE rate hike stays firmly […]

The post GBP/USD Rebounds on Dollar Weakness, but EUR/GBP and GBP/CHF Hold the Sterling Verdict appeared first on ActionForex.

US producer inflation surged far beyond expectations on Thursday, retail sales beat forecasts and layoffs remained contained, yet Treasury yields continued falling and the Dollar struggled to recover. The AI-related selloff that hit Nasdaq on Wednesday extended into Asia, sending South Korea’s KOSPI down 7.57% and Japan’s Nikkei down 4.90%, even as TSMC reported record third-quarter profit.

The post Hot US PPI Fails to Lift Yields as AI Credit Fears Put Nasdaq at a Tipping Point appeared first on ActionForex.

Australia's September employment contracted by 39,300 and unemployment held at 4.7%, driving interest-rate markets to price less than one more 25bp RBA hike through mid-2027—sending AUD/NZD and AUD/USD both lower, with October 28's quarterly CPI now the key test of whether that repricing has gone too far.

The post AUD/NZD and AUD/USD Turn Lower as Markets Price Less Than One More RBA Hike After Jobs Shock appeared first on ActionForex.

A hot US CPI briefly sent the 10-year yield to 5.329% and DXY to 102.945, but both reversed sharply as AI financing fears hit CoreWeave, Oracle and Asian tech stocks—with the Dollar notably failing to catch a haven bid as yields retreated toward 5.10% and 101.285 becomes the next technical level to watch.

The post AI Credit Fears Eclipse Hot CPI as Treasury Yields Reverse and Dollar Loses Haven Bid appeared first on ActionForex.

The Dollar surged broadly on Wednesday after September’s US core CPI beat expectations, reversing the recent retreat in Treasury yields. The Dollar Index broke above 102.60 to reach 102.72, the 2-year Treasury yield jumped toward 4.94% and the 10-year yield rebounded above 5.30%. According to CME FedWatch, the probability of a Fed hike at the October 28 meeting surged from 22.1% a day earlier to 43.7%, against 17.7% a week ago.

The post Dollar Breaks Higher as Core CPI Pushes October Fed Hike Odds Above 40% appeared first on ActionForex.

Silver slipped below last week's 58.46 low to touch 58.39 even as Treasury yields and the Dollar fell, while the Gold/Silver ratio accelerated toward 71—a divergence suggesting Silver's weakness is no longer just about rates, with a decisive channel break opening the door to the psychological $50 level.

The post Silver Breaks Support Despite Lower Yields. Is $50 Back in Sight? appeared first on ActionForex.

The Dollar Weakened Broadly but Modestly as Treasury Yields Extended Their Retreat What’s happening: The Dollar weakened broadly but modestly on Tuesday, slipping against all seven major counterparts, as US Treasury yields extended their retreat from last week’s highs. The 10-year yield fell below 5.19%, down from last week’s 5.365% peak, helped by softer oil […]

The post Dollar Softens as Yields Fall, but IMF Warns They Could Spike Again appeared first on ActionForex.

The US 10-year yield fell toward 5.19% on Tuesday, extending its retreat from last week's 5.365% peak, but the Dollar Index has only pulled back modestly from 102.607—leaving Wednesday's US CPI to decide whether yields and the Dollar finally converge in a deeper correction or diverge once again.

The post US Treasury Yields Have Turned Lower. Will the Dollar Follow Before CPI? appeared first on ActionForex.

Bitcoin and Ether have defended nearly identical support twice in less than a week—Bitcoin near 80,365–80,953 and Ether near 2,407—but neither has cleared the resistance needed to confirm its correction is over, leaving Wednesday's US CPI and upcoming ETF flows as the key tests of whether spot demand can sustain the rebound.

The post Bitcoin and Ether Bounce From a Second Liquidation Wave. Is the Correction Over? appeared first on ActionForex.

An Announced De-Escalation Is Not Yet a Credible Reduction in Disruption Risks What’s happening: Oil reversed sharply higher on Monday as early optimism over a proposed Russia-Ukraine energy ceasefire gave way to doubts about its credibility, while renewed Houthi attacks on Saudi Arabia added another source of geopolitical uncertainty. Brent recovered from an Asian-session low […]

The post Oil’s Ceasefire Relief Fades as Ukraine Doubts and Saudi Attacks Revive Risk Premium appeared first on ActionForex.

The Australian Dollar remains directionless as RBA hike-timing bets stay split across November, December and February, leaving AUD/NZD, AUD/CAD and GBP/AUD range-bound while AUD/USD tracks the Dollar and EUR/AUD tracks Euro weakness—with October 28's quarterly CPI, not this week's minutes or jobs data, likely the real catalyst.

The post Will RBA Minutes or Australian Jobs Finally Give AUD a Direction of Its Own? appeared first on ActionForex.

Gold and Silver have rebounded on a retreat in US Treasury yields, with Gold breaking its falling trendline and Silver bouncing off channel support—but neither has confirmed a bottom, making Wednesday's US CPI report the critical catalyst for whether yields extend their correction or snap back toward recent highs.

The post Gold and Silver Find a Bottoming Setup, But US CPI Must Confirm the Turn in Treasury Yields appeared first on ActionForex.

TL;DR: The Dollar rally has lost momentum rather than direction. DXY stalled at 102.232 as Fed urgency faded, long-end Treasury yields met buyer demand at two-decade highs, and France was left shouldering more of the Dollar’s remaining support. Absent a sizeable US CPI surprise, the Dollar looks poised for consolidation, with scope to drift lower […]

The post Has the Dollar Rally Stalled, or Is It Already Waiting for the Midterms? appeared first on ActionForex.

The Dollar weakened modestly since late Thursday, then recovered against the Euro, Sterling and Canadian Dollar during the European morning, with ranges still tight. Oil and Treasury yields, the two markets that had been supplying fresh momentum, both ran into resistance.

The post Trump Delays Iran Strike, But Dollar’s Oil-and-Yield Support Is Not Gone appeared first on ActionForex.

Bitcoin and Ether fell sharply after months of fading momentum collided with a surge in oil prices and Treasury yields near 5.35%—triggering $484.9m in single-day ETF redemptions and nearly $974m in liquidations, with Bitcoin's next key support at 75,026–76,040 and Ether already testing its 55-day EMA near 2,480.

The post Bitcoin, Ether Correction Deepens as Macro Shock Exposes a Tired Rally appeared first on ActionForex.

Global risk sentiment weakened on Thursday as Brent briefly pushed above $105 on renewed reports of possible US military action against Iran, while the US 10-year Treasury yield returned to around 5.35%, close to levels last seen in 2002. US equity futures fell and Asian stocks were broadly lower. The Dollar was broadly the strongest major, with the Yen and Swiss Franc relatively resilient.

The post Iran Risk Returns as Thin Oil Buffers and 5.35% Yields Test Equity Resilience appeared first on ActionForex.

Gold fell to 4,066.21 before recovering toward 4,120, and while the near-term bias stays bearish below 4,227.85–4,245.68, fading downside momentum, a stalling 10-year yield near 5.3%, and a rising Gold/Silver ratio suggest a break below 4,000 may struggle to extend much past the 3,937–3,942 support cluster.

The post Could Gold’s Selloff Run Out of Road Below 4,000? appeared first on ActionForex.

The US 10-year Treasury yield hit a 24-year high of 5.35% before a strong $39bn auction cleared at 5.30% and pulled heavy demand—evidence that buyers exist near current levels, even as the September FOMC minutes cited AI-related borrowing as a new contributor to rising yields and the technical chart points to a 5.41–5.42% resistance zone as the next real test.

The post US 10-Year Yield Tests Its Ceiling as 5.3% Draws Buyers, FOMC Minutes Bring AI Debt Into the Discussion appeared first on ActionForex.

The Dollar is leading the majors into the FOMC minutes, with DXY at 102.401, up 0.55% at the time of writing, and the Dollar stronger against all seven major peers. Oil is holding above $100, long-end bond yields are climbing across major markets, and renewed stress in French government debt has pushed the Euro to the bottom of the currency table.

The post Dollar Rises as Oil and Yields Climb, France Pushes Euro to Bottom Ahead of Fed Minutes appeared first on ActionForex.