Forex Unmoved by Asian Selloff, Traders Cautious Ahead of US CPI, UK Data, and ECB Rate Cut
Asian markets started the week on a weak note, with sharp declines following the broader selloff in US markets after last week’s non-farm payroll report. Adding to the bearish mood was weaker-than-expected inflation data from China, which dampened sentiment further. However, the reaction in the forex market has been somewhat muted, with commodity-linked currencies, like […] The post Forex Unmoved by Asian Selloff, Traders Cautious Ahead of US CPI, UK Data, and ECB Rate Cut appeared first on Action Forex.
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Asian markets started the week on a weak note, with sharp declines following the broader selloff in US markets after last week’s non-farm payroll report. Adding to the bearish mood was weaker-than-expected inflation data from China, which dampened sentiment further. However, the reaction in the forex market has been somewhat muted, with commodity-linked currencies, like […]
The post Forex Unmoved by Asian Selloff, Traders Cautious Ahead of US CPI, UK Data, and ECB Rate Cut appeared first on Action Forex.
