USD / JPY retreats amid the return of risk aversion, as the energy crisis intensifies. The US dollar retreats with Treasury yields, the optimism of the Fed continues to prop up the USD. USD / JPY remains at the mercy of yield dynamics and risk trends ahead of Powell. USD / JPY retreats from two-month […]
Tag: Aversion risk
GBP / USD defends 1.3700 amid bleak sentiment and ahead of Powell
GBP / USD finds support near 1.3700 amid risk aversion sentiment. The BoE hints at a possible rate hike, while Brexit and Evergrande worry markets. The technical setup points to further weakness. The GBP/USD is receding the impressive rebound staged by the fundamental support, while registers small losses during the European session on Friday. At […]
Is no news good news? Investors on Embers
While the real estate development group Evergrande achieved payment of its local debt on Thursday, investors remain in limbo. They have not received information about the payment of offshore coupons of the company in debt of $ 83.5 million, which was due Thursday. Although there is talk of a possible restructuring of the company’s debt […]
Dollar rallies as Evergrande shakes gloomy sentiment, focus is on Powell
This is what you need to know to trade today Friday, September 24: The appetite for risk of the last American session cooled slightly in the Asian session this Friday, as the current uncertainty around the destination of the indebted Evergrande in China it put investors in limbo. Asian markets were mixed, while S&P 500 […]
USD / CHF falls to multi-day lows around 0.9220 level ahead of Fed
USD / CHF is witnessing some selling for the third day in a row on Wednesday. A subdued action around the USD seems to be the only factor putting some pressure. A combination of factors should help limit losses before the FOMC’s key decision. The pair USD/CHF has moved lower during the first half of […]
NZD / USD extends intraday recovery gains and rises to 0.7050 region
The NZD / USD makes a nice bounce from the support of the 50-day SMA near the 0.7000 level. Risk appetite weighs on the safe-haven USD and benefits the higher perceived risk NZD. The optimistic expectations of the Fed and the rebound in US bond yields could help limit losses around the USD and limit […]
AUD / USD Maintains Intraday Gains Near 0.7275-80 Region, Rise Appears Limited
AUD / USD gains positive traction on Tuesday and moves further away from multi-week lows. Risk appetite weighs on the safe haven USD and benefits the higher perceived risk AUD. The optimistic expectations of the Fed and the rebound in US bond yields should limit the decline in the USD and limit the pair’s gains. […]
GBP / USD recovers from multi-week lows and targets the 1.3700 level
GBP / USD gains some positive traction on Tuesday and recovers some of the previous day’s losses. Risk appetite in the markets weighs on the safe-haven USD and provides a modest rally to the pair. Optimistic expectations from the Fed and rising US bond yields could continue to act as a tailwind for the USD […]
USD / JPY clings to gains near daily highs above 109.50 region
USD / JPY gains some positive traction on Tuesday and recovers some of the previous day’s losses. Risk appetite in the markets weighs on the safe-haven JPY and provides a modest boost to the pair. The rally in US bond yields continues to support the pair’s upward movement; a modest weakness in the USD limits […]
Forex Today – Asian Session: Dollar Backed By Risk Aversion
What you need to know on Tuesday, September 21: The US dollar is the overall winner at the beginning of the week, thanks to risk aversion. The concerns revolve around the Evergrande Group, China’s second-largest real estate developer by sales. The company’s shares plummeted at the weekly open by more than 10% as the company […]
