USD / CAD lacks firm direction and remains trapped within a tight range on Monday. The Fed’s optimistic expectations and nervousness around Covid-19 benefit the USD and offer some support to the pair. The rally in crude prices benefits the CAD and limits any further gains in the pair. The pair USD / CAD extends […]
Tag: ApetitoRiesgo
AUD / USD clings to modest recovery gains around 0.7250
AUD / USD gains some traction on Monday and marks a modest rebound from multi-week lows. A good rally in US stock index futures provides support for the perceived riskier AUD. The optimistic expectations of the Hawkish Fed and nervousness about Covid-19 benefit the USD and should limit the rise. The pair AUD/USD moves higher […]
We are in a good place – Charles Evans
Original content: Having recently sparked a rate hike in 2022, Chicago Fed Chairman Charles Evans said Thursday that we are in a good place (for policy reasons). Additional comments No rate hike before the phase-down ends in June, and no change to the phase-down schedule. Don’t expect a rate increase until 2023 yet, but you […]
NZD / USD returns above the 100-day SMA, around 0.7050
A combination of factors helped the NZD / USD gain strong positive traction on Thursday. The drop in US bond yields caused dollar longs to decline in the long term for the second day in a row. Rising bets on another RNBZ rate hike continued to support the positive intraday move. Aggressive expectations from the […]
AUD / USD clings to modest recovery gains, holding below 0.7300 level
AUD / USD makes a good intraday recovery from six-week lows hit early Thursday. The pullback in US bond yields leads to some continued profit taking around the USD. The optimistic expectations of the Fed should act as a tailwind for the USD and limit the rise of the pair. The pair AUD/USD has built […]
USD / CAD retreats from multi-week highs, decline still supported around 1.2600
Some profit-taking in the USD limits the rise of the USD / CAD on Thursday. The pullback in US bond yields weighs on the USD and limits the pair. The optimistic expectations from the Fed should act as a tailwind for the USD and also provide support for the USD / CAD. The pair USD […]
USD / JPY Stable Above 114.00 Level, Lacks Bullish Conviction
The optimistic expectations of the Fed benefit the dollar and help the USD / JPY to gain some traction. The pullback in US bond yields is preventing USD bulls from opening new positions and limiting the pair’s rally. Cautious market sentiment benefits the safe-haven JPY and also warrants caution for the pair’s bulls. The pair […]
USD / CAD jumps to 1.2600 zone, new weekly highs
USD / CAD gained positive traction for the second day in a row on Wednesday. Weaker oil prices undercut the loonie and acted as a tailwind for the pair. The underlying bullish tone of the USD continued to support the intraday bullish move. Mixed data from the Canadian CPI / US housing market did little […]
USD CHF cuts intraday gains to multi-week highs, lateralized around 0.9300
USD / CHF struggled to hold its intraday gains at a multi-week high of 0.9330. The USD pullback from a 16-month high triggered some profit-taking around the pair. The cautious mood in the market benefited the safe haven CHF and contributed to the decline. The pair USD/CHF it cut a significant portion of its intraday […]
AUD / USD prepares to touch new monthly lows near 0.7300 amid firmer USD
AUD / USD remains under pressure after suffering the worst drop in a week. The RBA Minutes and Governor Lowe’s comments reversed rate hike expectations. The Xi-Biden meeting offers no positive surprises, the US data adds to the comments on the Fed rate hike. Next on the Calendar: Australia’s Third Quarter Wage Price Index, Fed […]
