A combination of factors triggered some hedging shorts around USD / CHF on Monday. Alleviating Omicron’s fears boosted investor confidence and undermined the CHF as a safe haven. The US dollar was supported by the optimistic expectations of the Fed and the recovery of US bond yields. The pair USD/CHF it spiked to a four-day […]
Tag: ApetitoRiesgo
Dollar rallies on yields amid quiet start to week
This is what you need to know to trade today Monday, December 6: The market mood remains cautiously upbeat as investors weigh the implications of a faster Fed tightening in the face of encouraging news about the Covid Omicron variant. Bloomberg reported that cases of the variant have increased in South Africa, although the good […]
Looking for a test of the 1.2850 level
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USD / CAD has bounced from previous lows below 1.2750 and back to multi-month highs around 1.2830. The bullish move comes amid a broad deterioration in risk appetite. But a strong Canadian jobs report is helping the loonie outperform its risk-sensitive G10 peers. The USD / CAD spiked lower as a result of the simultaneous […]
USD / JPY rises above the 113.00 level again
USD / JPY gains strong positive traction Thursday amid a shift in risk sentiment. Rising expectations of a Fed rate hike acts as a tailwind for the USD and supports the pair’s upward move. Concerns about the Omicron variant could prop up the safe-haven JPY and limit any further gains. The pair USD/JPY it moves […]
EUR / JPY retraces from session highs above 128.50 to test key support at 127.50
EUR / JPY reversed from highs above 128.50 to lows near 127.50 over the course of Wednesday’s session. The downward movement was in tandem with an increase in demand for safe havens as risk appetite deteriorated. Appetite for safe-haven assets has rebounded in recent trading amid a deterioration in US (and global) stock market sentiment, […]
AUD / USD consolidates intraday gains near 0.7150 ahead of ISM data
AUD / USD gains some positive traction on Wednesday and extends recovery from yearly lows. A positive risk tone benefits the higher perceived risk AUD amid moderate USD demand. Rising expectations of a Fed rate hike acts as a tailwind for the USD and limits the pair’s rise. The pair AUD / USD consolidates its […]
USD / CAD remains defensive below 1.2750
The recovery in oil prices sustained the Canadian dollar and acted as a headwind for the USD / CAD. A good recovery in US bond yields revived demand for USD and helped limit losses. The mixed fundamental background warrants some caution before placing aggressive bets. The pair USD / CAD it traded on a negative […]
WHO calls special meeting to discuss new variant
After witnessing a quiet day on Thursday due to the Thanksgiving holiday in the United States, market participants grapple with risk aversion on Friday as coronavirus concerns weigh on sentiment. Among the key catalysts were talks about the version of the virus, formally named B.1.1.529, which is linked to South Africa and is immune to […]
Holding gains above 0.7250, not out of the woods yet
AUD / USD bounced solidly from the 0.7225 area or multi-week low. The setup favors bearish traders and supports further loss prospects. The pair AUD/USD it maintained its offered tone heading into the American session and was last seen hovering near the upper end of its daily trading range, just above 0.7250. A generally positive […]
NZD / USD Stable Near 0.7000, Focus on RBNZ Wednesday for Further Momentum
The NZD / USD draws some lower levels near the 0.6985-80 region on Monday. The optimistic expectations of the Fed continue to benefit the USD and limit the pair’s gains. The market is focused on the upcoming monetary policy meeting of the RBNZ on Wednesday. The pair NZD / USD has recovered from an intraday […]
