USD / JPY gained positive traction for the second consecutive session on Monday. Risk appetite undermined the safe-haven JPY and continued to act as support. A modest pullback in the USD from the two-week highs limited the pair’s gains. The pair USD/JPY it maintained its offered tone during the middle of the European session, although […]
Tag: Bonds
USD / CHF falls to 0.9130-25 zone, returns near two-month lows
USD / CHF found fresh supply on Monday and trimmed a significant chunk of recovery gains on Friday. A modest pullback in the USD from the highs of more than two weeks seemed to be the only factor putting pressure. The decline appears limited amid the state of risk appetite, rising US bond yields and […]
PEPP May End Next Spring – Madids Muller
Madis Muller, member of the Governing Council of the European Central Bank (ECB), is making some comments on the withdrawal of the central bank’s Pandemic Emergency Purchase Program (PEPP), noting that stimulus for the pandemic could end next spring. Featured statements “The ECB needs to look at consumer prices, as persistently high inflation may require […]
ECB announcement and US GDP data may increase volatility
This is what you need to know to trade today Thursday, October 28: Market volatility increased in the second half of Wednesday, but the major currency pairs closed not far from their opening levels. Before key events, the risk averse market environment helps the dollar find demand. Meanwhile, short-term US Treasury yields continue to push […]
XAU / USD Closes Closer to $ 1,800 Amid Falling Yields / USD Weaker
Gold attracted some buying for the second day in a row on Wednesday. As US bond yields receded, the weaker USD acted as a tailwind for commodities. Aggressive central bank expectations could continue to limit the metal’s gains. The oro (XAU / USD) It continued to show some resistance below the confluence of the 100/200 […]
USD / JPY finds support before 113.50, remains negative
USD / JPY saw strong selling on Wednesday and broke a two-day winning streak. A softer risk tone and a drop in Treasury yields benefited the JPY. A modest USD strength helped limit losses. USD / JPY fell to the 113.55-50 area, again closer to weekly lows during the European session, although it quickly recovered […]
AUD / USD maintains gains driven by Australian CPI comfortably above 0.7500
A combination of factors pushed AUD / USD higher for the third day in a row on Wednesday. Risk appetite and stronger Australian CPI benefit AUD. A subdued USD price action does little to provide any momentum or stop the intraday bullish movement. The pair AUD/USD moving higher during the European session on Wednesday and […]
USD / JPY remains with modest gains near 114.00
USD / JPY rose for the second day in a row, although it lacked tracking. Risk appetite undermined the safe haven JPY and continued to support the move. Falling US bond yields weighed on the USD and kept any significant gains in check. The pair USD/JPY it maintained its offered tone heading into the American […]
USD / CAD drops to new session lows, around 1.2350
A combination of factors triggered new selling around USD / CAD on Tuesday. Risk appetite, falling US bond yields weighed on the safe-haven dollar. Rising crude oil prices propped up the loonie and contributed to the slide. USD intraday selling bias accelerated in the last hour and dragged the pair down USD / CAD back […]
AUD / USD Intraday Rise Stalls Ahead of 0.7500 Amid Resurgent USD Demand
Risk appetite helped the AUD perceived as riskier to gain traction on Monday. Rising US bond yields reactivated demand for USD and limited any significant gains. The pair AUD/USD It maintained its offered tone during the early American session and was last seen trading around the 0.7485-90 zone, rising 0.35% on the day. The pair […]
