The British pound got a good boost on Monday after the Bank of England signaled an imminent rate hike. The rally remains limited amid the underlying bullish sentiment surrounding the dollar. The Fed’s downsizing expectations, the cautious market mood acted as a tailwind for the safe-haven dollar. The pair GBP/USD it trimmed a significant portion […]
Tag: ApetitoRiesgo
The 0.7315-20 hurdle continues to limit the upside, at least for now
A modest USD weakness helped AUD / USD gain some positive traction on Thursday. Mixed technical indicators on hourly / daily charts warrant aggressive traders’ caution. A sustained move beyond the 0.7315-20 region is needed to confirm a bullish breakout. The pair AUD/USD It maintained its offered tone heading into the American session and spiked […]
GBP / USD struggles to find acceptance above the 1.3600 level
GBP / USD gains some traction Thursday amid subdued USD price action. A combination of factors prevents bulls from opening aggressive positions and limits gains. The pair GBP/USD has quickly recovered around 25-30 pips from the lows of the European session, although has struggled to capitalize on the move past the round 1.3600 level. The […]
USD / CHF remains under pressure near 0.9260 region
USD / CHF is moving lower for the second day in a row amid modest USD weakness. A combination of factors should act as a tailwind and help limit any deeper losses. The pair USD/CHF remains on the defensive during the European session of the jeuves and round two-day lows around the 0.9265-60 region. The […]
USD / JPY consolidates in a range below 111.50
USD / JPY struggles to gain any significant traction and remains trapped in a range on Thursday. A softer tone around the USD prevents the bulls from opening new positions and limits the rise of the pair. A combination of factors weighs on the safe-haven JPY and should support the pair’s upward move. The pair […]
Dollar weakens modest amid risk flows, markets to remain choppy ahead of NFP
This is what you need to know to trade today Thursday, October 7: The Republican leader of the US Senate, Mitch McConnell, offered a temporary solution to the debt limit crisis to avoid a default and provided a boost to risk appetite late Wednesday. Reflecting the improving mood, the major stock indices in Asia closed […]
S&P 500 extends bounce, gains 1.5% at 4,365
Financial stocks are leading the rally in the S&P 500 on Tuesday. Risk flows continue to dominate financial markets. After falling to its lowest level since the end of July at 4,278 and losing 1.3% on Monday, the S&P 500 Index (SPX) It opened in positive territory on Tuesday and continued to gain bullish momentum. […]
USD / CHF flirts with session highs, around 0.9270 area before US ISM services PMI.
A combination of factors helped the USD / CHF regain some positive traction on Tuesday. The USD remained well supported by expectations of an early policy tightening by the Fed. The risk appetite boost undercut the safe haven CHF and continued to support the move. The pair USD/CHF it maintained its intraday gains for the […]
USD / CAD cuts intraday gains, rises modestly around 1.2600
USD / CAD gained some positive traction on Tuesday, although it lacked a strong following. Bullish oil prices continued to prop up the loonie and acted as a headwind for the pair. A good recovery in USD demand extended support and limited any significant declines. The pair USD / CAD it trimmed a significant chunk […]
GBP / USD rises above the 1.3600 level again and approaches the previous day’s highs
GBP / USD draws lower levels on Tuesday and turns positive for the fourth day in a row. A modest USD strength and the current UK fuel crisis limit any significant gains. The UK services PMI for September was revised up to 55.4 from a previously estimated 54.6. The pair GBP/USD it has bounced more […]
