This is what you need to know to trade today Thursday, September 30: The dollar is retreating after rebounding on Wednesday amid rising yields related to the prospect of reduced Fed bond purchases. Fed Chairman Jerome Powell faces cameras for a third day consecutive after reiterating its position that inflation should decline. Congress is still […]
Tag: ApetitoRiesgo
GBP / USD retests yearly lows, around 1.3450
GBP / USD remained under intense selling pressure for the second day in a row. A combination of factors continued to push the USD higher and put pressure on it. A break below 1.3500 further contributed to the sharp intraday decline. The pair GBP/USD it continued to lose ground during the early days of the […]
EUR / JPY turns negative below 130.00
EUR / JPY is down from weekly highs near 130.50. The prevailing mood of risk aversion weighs on the crossover. Powell, Lagarde will discuss politics at the ECB Forum. The EUR/JPY came under renewed selling pressure shortly after hitting new weekly highs in the region of 130.50 on Wednesday. EUR/JPY limited by 130.50 EUR / […]
NZD / USD falls to month-long lows, 0.6900 again in sight
The NZD / USD remained under some selling pressure for the second day in a row on Wednesday. The prevailing bullish sentiment around the USD was seen as a key factor exerting pressure. The risk appetite boost, the pullback in US bond yields failed to inspire the bulls or stopped the slide. USD buying accelerated […]
Cuts a portion of modest intraday gains, downside potential intact
AUD / USD gained some positive traction on Wednesday, although it struggled to capitalize on the move. The setup appears to tilt firmly in favor of bearish traders and supports the prospects for further losses. The bears could still wait for a sustained break below the 0.7220 support before placing aggressive bets. The pair AUD/USD […]
USD / CHF consolidates in a range below 0.9300, bullish bias remains
USD / CHF was seen to consolidate its recent gains to a week and a half highs. Sustained USD buying continues to act as a tailwind amid risk appetite. The bias favors bullish traders and supports the prospects for additional earnings. The pair USD/CHF it lacked a firm directional bias and ranged from tepid gains […]
USD / CAD struggles to find direction, stuck in a range below 1.2700
A combination of divergent factors does not provide any boost to the USD / CAD. The USD climbs to new multi-month highs and supports the pair. A rebound in oil prices supported the CAD and limited gains. The pair USD / CAD lacks a firm directional bias and remains trapped within a narrow range, just […]
GBP / USD recovers rapidly towards 1.3550, lacks continuation
GBP / USD tries to bounce but is still vulnerable. The USD advances while European equities rebound. Brexit and the fuel crisis in the United Kingdom limits the rebound of the pair before Bailey and Powell. The pair GBP/USD it is seeing good moves in both directions at the start of the European session on […]
USD / JPY retreats from multi-month highs, decline appears limited
USD / JPY retreats slightly from the multi-month highs hit early Wednesday. The pullback in US bond yields is weighing on the USD and putting some pressure on it. Risk appetite should weigh on the safe-haven JPY and limit deeper losses. The pair USD/JPY it now appears to have entered a bullish consolidation phase and […]
AUD / USD clings to gains near 0.7250, rally looks limited
AUD / USD captures some traction on Wednesday and recovers some of the previous day’s losses. A pullback in US bond yields keeps USD bulls on the defensive amid improving risk sentiment. The prospects for an early rate hike by the Fed should help limit losses around the USD and limit the pair’s gains. The […]
