AUD / USD is struggling to hold its modest intraday gains amid modest USD strength. A more optimistic Fed and rising US bond yields help jump-start demand for the USD on Friday. A softer risk tone weighs on the higher perceived risk AUD and contributes to the pair’s slide. The pair AUD/USD extends its steady […]
Tag: Bonds
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. […]
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 […]
NZD / USD remains bearish near three-week lows, remains above 0.7000
A combination of factors continued to drag NZD / USD lower for the third day in a row. Expectations of an aggressive Fed pushed the USD to month-long highs and put some pressure on it. Risk aversion did even more to drive away flows of kiwi perceived as riskier. The pair NZD / USD it […]
USD / JPY falls to fresh daily lows around 109.75-70 amid risk aversion
USD / JPY receives some selling on Monday and breaks a two-day winning streak. Risk aversion benefits the safe haven JPY and puts some pressure on the pair. The Fed’s optimistic expectations act as a tailwind for the USD and could help limit the pair’s slide. The pair USD/JPY has extended its constant intraday decline […]
USD / CHF rises to the 0.9235 region, close to the one-month highs set on Monday
Expectations of an eventual reduction movement by the Fed prop up the USD. The problems due to COVID-19 do little to benefit the safe-haven CHF or stop the pair’s upward momentum. Investors are now waiting for Thursday’s US data to get some significant trade boost. A sudden spike in demand for the US dollar has […]
USD / CHF returns rising near daily highs, rises modestly around 0.917 zone
USD / CHF attracted some buying at the dips near 0.9150 and recovered some of the losses overnight. The risk appetite boost undermined the safe haven CHF and continued to support the intraday rally. The rally in US bond yields, coupled with optimistic expectations from the Fed, acted as a tailwind for the dollar. The […]
The central bank may begin its reduction of stimuli later this year – Raphael Bostic
The Atlanta Fed President Raphael Bostic, does not expect a call for reduction at the FOMC meeting this month, but believes that the The US central bank may begin to adjust its stimuli later this year, the Wall Street Journal (WSJ) reported Thursday. Featured statements “Recent data asks for more time before making a decision.” […]
Stronger dollar ahead of ECB stimulus reduction expectations
This is what you need to know to trade today Thursday 9 September: The US dollar remains higher as market sentiment continues to be buffeted by growing concern over a slowdown in the economic recovery, especially after the Fed’s Beige Book signaled a “downward shift” in the economy. The rapid spread of the Delta variant […]
