The USD / CAD gained some positive traction on Monday and was supported by a combination of factors. Concerns that rising COVID-19 cases could affect fuel demand weighed on oil and undermined the Canadian dollar. Cautious market sentiment fueled some safe haven flows to the USD amid aggressive outlook from the Fed. The pair USD […]
Tag: ApetitoRiesgo
AUD / USD hovers near a two-day low, just above 0.7200 amid widespread USD strength
A combination of factors triggered new selling around AUD / USD on the first day of a new week. Omicron’s fears acted as a headwind for the Australian dollar perceived as riskier amid resurgent demand for the USD. Investors could refrain from aggressive bets amid tight end-of-year liquidity conditions. The pair AUD/USD it extended its […]
USD / CHF struggles near multi-week low, bears expect a break below 0.9160-55 support
USD / CHF was down for the third day in a row and fell to a nearly three-week low on Friday. A modest USD weakness was seen as a key factor putting some downward pressure on the pair. Risk appetite undermined the safe-haven CHF and limited losses amid tight end-of-year liquidity. The pair USD/CHF it […]
GBP / USD struggles to find direction, stuck in a range around 1.3400
GBP / USD lacks any firm directional bias and moves between tepid gains and minor losses. The reversal of Omicron fears acted as a favorable wind for the British pound. Traders appeared reluctant to take aggressive bets amid tight end-of-year liquidity. The pair GBP/USD It retested daily highs in the last hour at 1.3414, although […]
Forex Today – Asian Session: Risk Appetite Undermines Dollar Demand
What you need to know on Friday, December 24: The dollar fell amid positive market mood with all global indices posting daily gains. The exception was USD / JPY, as the pair rose and settled at 114.45, approaching its yearly high. Yields on US Treasuries advanced, with the 10-year yield currently hovering around its daily […]
GBP / JPY rallies back to pre-Omicron levels around 153.50
GBP / JPY rallied back to its pre-omicron levels on Thursday, rising from around 152.50. That marks a recovery of more than 2.5% from previous weekly lows below 150.00. The impressive turnaround of the GBP/JPY From the previous weekly lows below the important psychological level of 150.00 it rose on Thursday, with the pair breaking […]
GBP / JPY climbs to highs in almost a month, closer to 153.50
A combination of factors pushed the GBP / JPY, which is up for the third day in a row. Lower fears for Omicron turned out to be a key factor behind the performance of the British pound. Optimism also pushed the yen down. The GBP / JPY continued to climb on Thursday in the European […]
USD / CAD falls to a new weekly low, looking at 1.2800 pending macro data from Canada and the US.
USD / CAD saw some selling for the third day in a row and updated the weekly low on Thursday. The decline in crude prices undermined the CAD. Investors are now looking forward to Canadian GDP releases and US data for a significant trade boost. The USD / CAD pair fell in the first half […]
AUD / USD rises to a new weekly high around the 0.7160 zone
AUD / USD found buyers after falling to the 0.7120 area and rebounded strongly. Progress is made despite stagnation in the recovery of equity markets. Volume in the market is decreasing with a view to the end of the year festivities. AUD / USD rose again above 0.7150 in the European session and reached a […]
The government agrees to respond to the wave of covid
“The national cabinet agreed to respond to the wave of covid“, He said Prime Minister of Australia Scott Morrison while speaking after a quick executive meeting, according to ABC News. The Australian leader said the national cabinet focused on three specific areas: public health social measures, the Australian vaccination program and the TTIQ (tracing, isolation […]
