NZD/USD gained some positive traction on Monday and snapped a seven-day losing streak. The USD witnessed some profit taking from a 19-month high and extended some support to the pair. The Fed’s aggressive stance and cautious market mood should help limit USD losses and cap the pair. The pair NZD / USD it maintained its […]
Tag: ApetitoRiesgo
EUR/JPY recovers from 1-month lows at 127.20, but negative trend persists
EUR/JPY recovered from the 128.20 lows to the 128.75 area, but is nonetheless trading lower as the recent negative bias continues. Many technicians, perhaps anticipating the continued demand for the yen as a safe haven, will point to a test of the December lows of 127.50. Although the pair recovered from its previous session lows […]
AUD/USD consolidates near 0.7200 level as risk-off flows weigh in, but key uptrend still offers support
AUD/USD is currently trading near the 0.7200 level as dovish global risk appetite weighs on the Aussie. For now, a key long-term uptrend from mid-December continues to offer support. The AUD/USD consolidated near 0.7200 and above a key long-term uptrend during the US session on Friday, after pulling back sharply from Thursday’s highs at 0.7270 […]
GBP/USD falls towards 1.3550, below the 21 DMA on risk-off flows and disappointing UK data
GBP/USD has fallen to fresh weekly lows at 1.3550 and is now below its 21 DMA. Dovish global risk appetite and weak UK data weighed on the pair on Friday. The GBP/USD reached new weekly lows on Friday and has continued to push lower as the US trading session has started, with sterling succumbing to […]
USD/JPY recovers part of early losses to weekly lows, still below 114.00
USD/JPY continues to lose ground for the third day in a row and falls to a new weekly low. Risk-off sentiment benefited the safe-haven JPY and puts pressure on the pair amid retreating bond yields. The Fed’s bullish expectations act as a tailwind for the USD and help limit any further losses. The pair USD/JPY […]
EUR/USD remains under pressure below 1.1350 as US dollar bounces along with yields
EUR/USD remains on the defensive as DXY tracks rising yields. ECB Minutes showed a divided outlook on inflation, risk tone remains bullish. Yields and the dollar make their way as US economic data fails to impress. The EUR/USD remains below 1.1350 as the US dollar tries to bounce along with Treasury yields amid a state […]
GBP/JPY consolidates near 156.50 ahead of BoJ policy meeting
The GBP/JPY pair is consolidating near 156.50 in quiet trading as the focus is on a slew of UK data and the BoJ meeting. The pair is also likely to continue to trade as a gauge of global risk appetite this week. After last Friday’s brief drop below support at the 156.00 level and the […]
USD / JPY struggles near three-week lows around 114.25-20 after US data.
USD / JPY witnessed strong selling for the second day in a row amid widespread USD weakness. The rally in US bond yields did little to impress USD bulls or lend any support to the pair. A positive risk tone could undermine the JPY as a safe haven and help limit any further declines. The […]
AUD / USD remains confined in a range above 0.7200, awaiting the US CPI.
AUD / USD hovered in a tight trading range during the first half of the European session. A positive risk tone coupled with subdued USD demand acted as a tailwind for the perceived riskier Aussie. Investors seemed reluctant to make aggressive bets ahead of critical US consumer inflation data. The pair AUD/USD it ranged from […]
USD / CAD rallies rapidly from month-long lows, returns above 1.2650
A combination of support factors helped the USD / CAD reverse an initial slide to one-month lows. Falling oil prices undercut the Canadian dollar and remains supported amid resurgent demand for the US dollar. The pair USD / CAD It rose more than 50 pips from the low of a month touched during the middle […]