A combination of factors dragged USD / CHF lower for the third day in a row on Monday. The risk aversion momentum benefited the safe haven CHF and put downward pressure. The pair USD/CHF It fell in the early part of the European session and was last seen hovering near the lower limit of its […]
Tag: Aversion risk
Evergrande, Infrastructure and Inflation Concerns Return Before OPEC +
This is what you need to know to trade today Monday, October 4: Markets have started the week on the defensive after Friday’s rally, while the dollar remains stable. New concerns about Evergrande, uncertainty about US infrastructure and news about the covi are in the spotlight. Congress: Voting on the bipartisan infrastructure bill was suspended […]
Dollar resumes earnings on risk aversion, focus on congressional drama and US data.
This is what you need to know to trade today Friday, October 1: Markets are taking a step back to the start of the final quarter of 2021 as rising energy costs, fears of the Fed’s downsizing and American political struggles weigh on sentiment. The dollar is gaining ground against all assets despite falling yields. […]
Forex Today – Asian Session: Overbought Dollar Shows Signs of Exhaustion
What you need to know on Friday, October 1: Risk aversion once again dominated financial markets, although the US currency was not the only beneficiary. Gold prices rose steadily, while safe haven currencies received attention during the last trading session of the month. The dollar has reached overbought conditions against most major rivals, with greater […]
Markets lick wounds after strong selling, focus on yields, debt ceiling and energy problems
This is what you need to know to trade today Wednesday 29 September: Markets are trying to rebound and the dollar is retreating slightly from its highs after a strong risk aversion Tuesday. Concerns about rising bond yields, power outages in China and the looming debt ceiling crisis continue to weigh on the markets. The […]
USD / JPY is near the highs of the year, above 111.50
USD / JPY gained strong follow-up traction on Tuesday and retested the yearly highs. Rising US bond yields acted as a tailwind for the USD and continued to act as support. The risk aversion momentum did not benefit the safe haven JPY, nor did it hinder the momentum. The pair USD/JPY It continued to climb […]
AUD / USD declines further below 0.7250, new daily lows
A combination of factors triggered new selling around AUD / USD on Tuesday. Rising US bond yields, risk aversion boosted the safe-haven dollar. A sustained break below the 0.7220 support will set the stage for further losses. The pair AUD/USD it remained depressed heading into the American session and was last seen hovering around the […]
GBP / USD plummets to two-month lows, below 1.3600
GBP / USD came under intense selling pressure on Tuesday amid widespread USD strength. Rising US bond yields, the risk aversion momentum in the markets lifted the safe-haven dollar. The oversold RSI on the 1 hour chart warrants some caution for bearish traders ahead of Powell. The pair GBP/USD it added to its strong intraday […]
USD / CHF clings to gains near 0.9280 zone, just below week-long highs
USD / CHF gained traction for the third day in a row amid widespread USD strength. Rising US bond yields continued to act as a tailwind for the USD and remained encouraging. Risk aversion benefited the safe haven CHF and limited the upside for the pair. The pair USD/CHF it maintained its offered tone during […]
NZD / USD falls to month-long lows and targets 0.6950 amid stronger dollar
A combination of factors causes aggressive selling around the NZD / USD on Tuesday. Rising US bond yields push the dollar to more than a month high and put pressure on the pair. The aversion to risk helps to move away the monetary flows of the NZD of higher perceived risk. The pair of NZD […]
