-637707570081633840.png "Clinging to modest intraday gains around the 113.65-70 zone")
USD / JPY recorded a modest intraday bounce from the support of the ascending channel on Monday. The setup favors the bulls and supports the prospects for a resumption of the previous uptrend. A convincing break below the trend channel support would negate the positive outlook. The pair USD/JPY it attracted some buying on the […]
Tag: Bonds
USD / CAD consolidates in a range, comfortably holding above the middle of 1.2350
The USD / CAD was observed to fluctuate in a range during the first half of trading action on Monday. Bullish crude oil prices propped up the loonie and limited any significant gains for the pair. High US bond yields acted as a tailwind for the USD and provided some support to the pair. The […]
AUD / USD resumes 0.7500 level amid weaker USD
AUD / USD regained positive traction on Friday and reversed the previous day’s retracement decline. An improvement in risk sentiment undermined the safe-haven dollar and remains supported. Soaring US bond yields did little to impress USD bulls or hinder strong intraday bullish movement. The pair AUD/USD It was based on its intraday rise and rose […]
NZD / USD rises to daily highs and approaches the 0.7200 level
The NZD / USD captures new purchases on Friday and recovers a significant part of the previous day’s decline. The stability in the markets benefits the NZD with the highest perceived risk amid moderate demand for the USD. High US bond yields help limit losses around the USD and could limit the pair’s rally. The […]
USD / JPY struggles to find direction and remains stable around the 114.00 level
USD / JPY struggles to retain / capitalize on its modest intraday gains on Friday. A subdued action in the USD price turns out to be a key factor limiting the pair’s rise. Signs of stability in stock markets and high US bond yields support the pair’s upward move. The pair USD/JPY remains practically unchanged […]
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 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 […]
NZD / USD turns lower after hitting multi-month highs, falls back below 0.7200
The NZD / USD is witnessing a modest pullback from the multi-month highs hit early Thursday. Softer risk sentiment and high bond yields benefit the safe-haven USD and put pressure on the pair. Rising expectations for a further rate hike from the RBNZ warrant caution for aggressive bears. The pair NZD / USD extends its […]
USD / JPY extends pullback from multi-year highs and dips below 114.00
USD / JPY is moving lower for the second day in a row amid revival in safe haven demand. Renewed concerns about China’s real estate sector support the safe-haven JPY. High US bond yields benefit the USD and could help limit the pair’s losses. A modest pickup in safe-haven JPY demand has dragged the pair […]
USD / CHF struggles to gain significant traction, remains below 0.9250
A combination of factors helped the USD / CHF gain some positive traction on Wednesday. The rally in US bond yields revived demand for USD and extended some support to the pair. The risk appetite mood undermined the safe haven CHF and contributed to the rally. The lack of solid follow-up buying justifies the caution […]
