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Tag: Aversion risk

XAU / USD struggles for direction, sideways above $ 1,780

XAU / USD struggles for direction, sideways above $ 1,780 XAU / USD struggles for direction, sideways above $ 1,780

The risk aversion momentum in the markets extended some support to gold – safe haven. Higher US Treasury yields, modest USD strength limited the upside for the metal. The bulls should wait for a move beyond $ 1,800 before placing new bets. The oro (XAU) it reversed a fall at the beginning of the American […]

AUD / USD remains bearish below 0.7500, little moving after US data.

AUD / USD remains bearish below 0.7500, little moving after US data. AUD / USD remains bearish below 0.7500, little moving after US data.

AUD / USD witnessed an intraday trend reversal from multi-month highs touched earlier this Thursday. The risk aversion momentum and high US bond yields revived demand for US dollars and put some pressure on it. The lack of sales tracking warrants some caution before positioning for any corrective downturn. The pair AUD/USD it remained on […]

USD / CHF falls to 5-week lows amid risk aversion, lacks follow-up

USD / CHF falls to 5-week lows amid risk aversion, lacks follow-up USD / CHF falls to 5-week lows amid risk aversion, lacks follow-up

USD / CHF was unable to capitalize on its modest intraday rally to levels just above 0.9200. The momentum of risk reduction in the markets benefited the safe haven CHF and exerted some pressure. High US bond yields revived demand for US dollars and helped limit the pair’s further losses. The pair USD/CHF it fell […]

AUD / USD extends corrective decline from multi-month highs and retreats towards 0.7480

AUD / USD extends corrective decline from multi-month highs and retreats towards 0.7480 AUD / USD extends corrective decline from multi-month highs and retreats towards 0.7480

AUD / USD is witnessing a turnaround from multi-month highs hit earlier this Thursday. Risk aversion benefits the safe-haven USD and triggers some profit-taking in the AUD / USD. A strong continuation sell is needed to confirm that the pair has already hit a high. The pair AUD / USD extends its corrective pullback from […]

USD / CAD rises towards 1.2350 amid US dollar rally and WTI retracement

USD / CAD rises towards 1.2350 amid US dollar rally and WTI retracement USD / CAD rises towards 1.2350 amid US dollar rally and WTI retracement

USD / CAD breaks a two-day downtrend as USD attempts a bounce. Risk aversion spreads to Europe amid renewed fears surrounding Evergrande in China. WTI retreats from seven-year highs and weighs on CAD, supporting the pair’s upward move. The pair USD / CAD is achieving a good recovery from four-month lows of 1.2289 and points […]

Forex Today – Asian Session: Deteriorated Mood Drives Dollar Demand

Forex Today – Asian Session: Deteriorated Mood Drives Dollar Demand Forex Today – Asian Session: Deteriorated Mood Drives Dollar Demand

What you need to know on Wednesday, October 13: Market participants continued to fight for a catalyst as the macroeconomic calendar remained tight. Overall, risk aversion dominates the scene amid headwinds from China related to financial stability and the current energy crisis. Additionally, the International Monetary Fund lowered its global growth forecast amid “seeing major […]

The dollar remains stable as the market mood cools

The dollar remains stable as the market mood cools The dollar remains stable as the market mood cools

This is what you need to know to trade today Tuesday, October 12: In the absence of high-impact macroeconomic data, the perception of risk became the main driver of the market movement at the beginning of the week. With major US stock indices turning south after spending the first hours of the session in positive […]

Forex Today – Asian session: Risk aversion supports the dollar

Forex Today – Asian session: Risk aversion supports the dollar Forex Today – Asian session: Risk aversion supports the dollar

What you need to know on Tuesday, October 12: The week started in slow motion with market participants searching for new catalysts. Generally speaking, concerns persisted as worrying headlines came from China putting a cap on Friday’s rally in stocks. Once again, Evergrande missed a foreign dividend payment, while another local giant, developer Sinic Holdings, […]

WTI Targets Multi-Year Highs Near $ 80 Amid Encouraging Fundamentals

WTI Targets Multi-Year Highs Near $ 80 Amid Encouraging Fundamentals WTI Targets Multi-Year Highs Near $ 80 Amid Encouraging Fundamentals

WTI extends Thursday’s turnaround as a test of the $ 80 level looks imminent. The persistent contraction of energy supply and the switch from gas to oil support the price of US WTI oil. Doubts about the release of oil by the United States from its strategic reserves underpin the rise in the WTI. The […]

Clings to critical support line, focus on NFP and Friday’s close

Clings to critical support line, focus on NFP and Friday’s close Clings to critical support line, focus on NFP and Friday’s close

EUR / USD is consolidating the decline before the next move down. The persistent strength of US yields on the Fed’s downsizing risks weighs on the euro. EUR / USD is looking for a downside breakout of the key descending trend line. The EUR / USD pair fell for the fourth day in a row […]