NZD / USD recently fell back to the 0.6750 level as the dollar recovers amid safe haven flows. Kiwi and other risk-sensitive currencies are underperforming as stocks tumble amid tightening fears from the Fed. The NZD / USD it has returned to the 0.6750 level in recent trading and has been testing last week’s lows […]
Tag: Aversion risk
Dollar sales stagnate as short-term Treasury yields rise
This is what you need to know to trade today Tuesday, December 28: After the Wall Street indices closed in record numbers on Monday, a sense of caution returned to financial markets this Tuesday. Once again, investors are assessing the risks of the covid variant of Ómicron on economic growth, despite strong sales for the […]
GBP / USD loses 1.3200 as Omicron fears rise
GBP / USD extends losses, with 1.3200 at risk amid intensifying risk aversion. Uncertainties surrounding the restrictions by Omicron in the UK hit the pound. The USD does not benefit from risk aversion flows, as Treasury yields sink through the curve. The GBP/USD it is trading near 1.3200, snaking near daily lows as sentiment around […]
Dollar tries to bounce off lukewarm market, omicron news mixed
This is what you need to know to trade today Thursday, December 9: The market mood remains tepid amid mixed headlines about the Omicron variant of the covid globally. Renewed geopolitical tensions between the United States and Iran amid looming US-China troubles also dampen risk sentiment. In front of Omicron, a Japanese study revealed that […]
AUD / USD remains trapped in a range and appears vulnerable near 0.7100
AUD / USD is witnessing subdued price action during the early part of the European session. Omicron fears continue to weigh on investor sentiment and the perceived riskier AUD. The Fed’s rate hike expectations benefit the USD and limit the pair’s gains. The pair AUD/USD lacks a firm directional bias and remains trapped within a […]
AUD / USD rallies from one-year lows, still negative around 0.7120
Risk aversion weighed on the higher perceived risk AUD and dragged the pair to a one-year lows on Tuesday. Nervousness over COVID-19 affects global risk sentiment and triggers a slide in stock markets. The decline in US bond yields weighs heavily on the USD and helps limit the pair’s losses. The pair AUD / USD […]
USD / JPY falls below 113.00 level, near three-week lows
USD / JPY sees new selling on Tuesday and falls to a nearly three-week low. Risk-off sentiment benefits the safe-haven JPY and puts pressure on the pair. Falling US bond yields weighs on the USD and contributes to the current decline in the pair. The pair USD/JPY has fallen to a nearly three-week low at […]
Market sentiment remains fragile as investors focus on ‘Omicron’ news
This is what you need to know to trade today Monday, November 29: The intense flight towards him safe haven Friday triggered a sharp drop in US Treasury yields and caused global stock indices to suffer heavy losses. The US dollar weakened against safe-haven currencies such as CHF and JPY, but outperformed currencies of higher […]
Forex Today – Asian Session: Pending Correction for the Dollar Just Around the Corner
What you need to know on Friday, November 12: The dollar continued to advance in the absence of another catalyst that could divert investors’ attention from skyrocketing inflation. Poor UK data fueled the depressing mood as the UK reported 1.3% quarterly growth in the three months to September, much worse than the 5.5% previously and […]
Evergrande concerns resurface after China’s request to billionaire founder Hui Ka Yan to pay off debt
The renewed concerns around the Evergrande Group of China They are weakening investor confidence once again, especially after Chinese regulators asked billionaire Hui Ka Yan to use his personal wealth to ease the property giant’s growing debt crisis, Bloomberg reports. Key details The Beijing directive to Evergrande’s founder came after his company missed the initial […]