USD / CAD reversed an initial decline to levels below 1.2500 amid renewed buying interest from the USD. With the aggressive expectations of the Fed, the cautious attitude of the market supports the dollar as a safe haven. The bulls largely ignored a rally in crude oil prices, which tend to benefit the loonie. The […]
Tag: ApetitoRiesgo
AUD / USD remains under pressure below 0.7350 ahead of US retail sales.
The AUD / SUD faces rejection near the 100-day SMA for the second day in a row on Tuesday. A bearish RBA and cautious sentiment act as a headwind for the higher perceived risk AUD. Expectations of a rate hike from the Fed continue to prop up the USD and limit the pair’s gains. The […]
USD / CHF rises to four-week highs above 0.9250
USD / CHF gains some continuation traction on Tuesday and shoots up to multi-week highs. The optimistic expectations of the Fed continue to prop up the USD and support the upward movement of the pair. The pullback in US bond yields and cautious sentiment could limit earnings ahead of US retail sales. The pair USD/CHF […]
USD / JPY near two-week highs around the 114.25-30 region
USD / JPY is moving higher on Tuesday, although it lacks continuation buying. A softer risk tone benefits the safe-haven JPY and limits the pair’s rally amid a decline in US bond yields. The optimistic expectations of the Fed act as a tailwind for the USD and offer support to the pair. The pair USD/JPY […]
NZD / USD jumps to three-day highs, 0.7100 level back in sight
NZD / USD gained strong positive traction for the second day in a row on Monday. A combination of factors undermined the USD and continued to support the move. The Fed’s aggressive expectations could help limit the USD’s losses and limit the pair’s gains. The pair NZD / USD It continued to climb higher during […]
USD / JPY remains confined to a range below 114.00
USD / JPY witnessed moderate / in-range price action on the first day of a new week. Risk appetite boost, disappointing GDP undercut the JPY and offered some support. Falling US bond yields weighed on the USD and kept any significant gains in check. The pair USD/JPY it balanced between tepid gains / minor losses […]
Real estate giant Evergrande avoids another default
Evergrande, China’s indebted real estate giant, has once again avoided a formal default after a bondholder said the company made an interest payment of $ 148 million on Wednesday, meeting the payment deadline. Key Comments (via the NY Times) “Evergrande owed investors interest payments totaling nearly $ 150 million on three bonds, with grace periods […]
NZD / USD struggles to find direction, sideways above 0.7150
The NZD / USD witnessed a moderate / limited price action within a range on Tuesday. The risk aversion momentum acted as a headwind for the riskier kiwi. Raising bets on another RBNZ rate hike helped limit the pair’s losses. The pair NZD / USD it alternated between tepid gains / minor losses throughout the […]
USD / JPY struggles near multi-week lows around 113.00 level
USD / JPY moved lower for the fourth day in a row Tuesday amid sustained selling around the USD. Cautious market sentiment supports the safe-haven JPY and also contributes to the pair’s slide. Acceptance below the round level of 113.00 could set the stage for further losses. The pair USD/JPY moves lower during the European […]
USD / CAD remains trapped in a range near 1.2450
USD / CAD extends its sideways consolidation move for the third day in a row. The current retracement drop in the USD acts as a headwind and limits the pair’s gains. Risk aversion helps limit USD losses and offers some support for the pair. The pair USD / CAD lacks a strong directional bias and […]
