Volatility remains in European bond markets as fears of a slowdown in growth intensify, while the biggest bond buyer, the ECB, has now begun to withdraw. The latest development actually has the effect of noticeably limiting the liquidity of the market. Even German bonds, which are considered the safest in the eurozone, have not been […]
Tag: Bonds
Gold Forecast: XAU/USD updates daily high after disappointing US PMIs.
Gold gets some bids on Tuesday and rallies further from a multi-week low. A softer risk-off tone coupled with a modest dollar pullback offers support for the metal. Aggressive Fed expectations and high US bond yields should limit further gains. Gold reverses an intraday drop to the $1,730 area and rises to a new daily […]
USD/JPY bounces back towards 137.50 and approaches one-month highs ahead of US data.
USD/JPY attracts some buying on Tuesday and approaches one-month highs again. The dollar remains near two-decade highs and offers support amid elevated US bond yields. The policy divergence between the Fed and the Bank of Japan favors the bulls and supports the prospects for further gains. The pair USD/JPY it reverses an intraday drop to […]
AUD/USD remains near one-month lows just above 0.6850
AUD/USD is consolidating in a range near the one-month low hit on Tuesday. A modest recovery in equity markets offers support for the risk-sensitive Aussie. The Fed’s aggressive expectations act as a tailwind for the dollar and continue to limit gains. The pair AUD/USD struggles for significant traction and swings between tepid gains and small […]
Pressure on bond markets from looming interest rate hikes
The markets were negatively affected by the “aggressive” statements of central bankers and other members of the central bank. of the European Central Bank, who are pushing for more interest rate hikes, seeing that inflation cannot be contained. However, the minutes of the ECB’s latest board meeting are expected to be released this week, providing […]
Bloomberg: Recession fears to tear apart stocks, bonds after summer rally
It’s been a “summer of love” for both stocks and corporate bonds, but as autumn approaches, stocks are set to weaken while bonds strengthen as central bank tightening and recession fears dominate and again, notes Bloomberg. After a brutal first half, both markets were poised for a rebound. The spark was ignited by resilient earnings […]
Gold Forecast: XAU/USD Looks Vulnerable Near 3-Week Lows Amid Rising Dollar and Bond Yields
Gold continues to lose ground for the fifth day in a row and falls to a multi-week low. Gloomy expectations from the Fed, rising US bond yields and sustained dollar buying are putting pressure on. Recession fears and risk aversion momentum fail to impress bulls or lend any support to the metal. The Prayed it […]
USD/CHF pulls back from two-week highs after failing to break above 0.9600
USD/CHF rises for the fifth day in a row, though trims gains from nearly two-week highs. Fed expectations and rising US bond yields lift the dollar and remain supportive. The risk aversion state supports the safe haven Swiss franc and caps gains. USD/CHF continues this week’s positive move for the fifth day in a row. […]
USD/JPY hits a new monthly high targeting 137.00
USD/JPY gains traction for the fourth day in a row and jumps to a three-week high. Aggressive expectations from the Fed and rising US bond yields underpin the dollar and continue to offer support. The divergence between the Fed and BoJ policies supports the prospects of an extension of the strong upward movement. The pair […]
Gold Forecast: XAU/USD trims modest intraday gains, holds above two-week lows
Gold gains some positive traction on Thursday, although it lacks follow-up buying. Pullback in US bond yields and recession fears offer safe haven XAU/USD support. Federal Reserve expectations and a strengthening dollar should limit any significant gains. The Prayed It maintains its modest intraday gains during the early North American session and is currently sitting […]