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Tag: ApetitoRiesgo

USD / JPY falls to 105.00, near two-week lows

USD / JPY falls to 105.00, near two-week lows

USD / JPY fell to two-week lows amid the emergence of new USD selling. Moderation in safe haven demand undermined the JPY and helped limit deeper losses. A sustained break below 105.00 will pave the way for additional weakness. The USD sell bias accelerated during the early North American session and pushed the pair USD/JPY […]

GBP / USD updates session highs, looking to build momentum above 1.3000

GBP / USD updates session highs, looking to build momentum above 1.3000

GBP / USD witnessed a dramatic intraday reversal from the one-week lows. The British pound gained traction after the UK signaled that it will not abandon Brexit talks. A softer tone surrounding the USD continued to support the momentum. The pair GBP/USD spiked to fresh daily highs during the mid-Europe session, and the bulls are […]

USD / CHF cuts initial modest gains, lateralized below 0.9150

USD / CHF cuts initial modest gains, lateralized below 0.9150

USD / CHF struggled to capitalize on its modest initial gains to three-day highs. A dovish USD price action was seen as a key factor limiting the pair’s gains. The disappearance of the safe haven demand undermined the CHF and helped limit deeper losses. The pair USD/CHF cut out Modest initial gains at three-day highs […]