USD / JPY gained strong follow-up traction for the third consecutive session on Friday. The dollar received an additional boost after the release of the US jobs report. As US bond yields rose, a positive risk tone undermined the yen and remained supported. The US dollar strengthened across the board in reaction to the successful […]
Tag: Bonds
USD / CAD remains stable above 1.2500, lacks tracking
USD / CAD rose for the third consecutive session on Tuesday. Moderate USD demand limited gains amid a modest oil rally. The pair USD / CAD it maintained its modest intraday gains above the key psychological level of 1.2500 during the first half of the European session, although it lacked any subsequent buying. The pair […]
USD / CAD consolidates in a range just above 1.2550
USD / CAD witnessed moderate / in-range price action on the first day of a new week. The decline in crude oil prices undermined the loonie and extended some support to the pair. The nervousness of COVID-19, falling US bond yields weighed on the dollar and limited the rise. The pair USD / CAD it […]
USD / CAD struggles to find direction, stuck in a range above 1.2550
USD / CAD witnessed moderate / in-range price action on the last day of the week. A modest decline in oil prices undermined the loonie and helped limit the decline. The rally in US bond yields did little to impress USD bulls or give momentum. The pair USD / CAD it extended its side consolidation […]
USD / JPY rises to one-week highs around 110.50
A combination of factors helps the USD / JPY capture some new purchases on Friday. Risk appetite weighs on the safe-haven JPY and supports the pair’s upward move. The rally in US bond yields benefits the USD and provides additional momentum. The pair USD/JPY maintains its buying tone during the European session on Friday and […]
USD / JPY cuts intraday losses, finds some support near 110.00
USD / JPY saw some selling on Thursday and broke two consecutive days of the winning streak. A subsequent pullback in the USD from multi-month highs sparked some selling around the pair. A modest pickup in demand for the safe-haven JPY contributed to the slide amid falling US bond yields. The pair USD/JPY it updated […]
USD / CAD dips below 1.2650, new session lows
USD / CAD fell into negative territory for the second consecutive session on Wednesday. A strong recovery in crude oil prices sustained the loonie and put downward pressure. Rising US bond yields should act as a tailwind for the USD and help limit deeper losses. The pair USD / CAD it extended its intraday retracement […]
USD / JPY cuts a significant part of intraday gains, rises modestly around 109.50
USD / JPY struggled to capitalize on its modest intraday gains to the 109.75 zone. Risk appetite undermined the safe-haven Japanese yen and extended some support. COVID-19 issues, falling US bond yields limited any significant gains for the pair. The pair USD/JPY it fell about 25-30 pips from the daily swing highs and was last […]
USD / JPY with modest gains above 109.50, rally appears limited
A combination of factors helps the USD / JPY gain some positive traction on Tuesday. The recovery in equity markets weighs on the safe-haven JPY and supports the pair’s upward move. The rebound in US bond yields acts as a tailwind for the USD and provides a modest rise to the pair. The pair USD/JPY […]
USD / CHF rises to week-long highs around 0.9200 level
USD / CHF is gaining traction for the second day in a row, moving further away from a month-long lows. Signs of stability in the stock markets weigh on the safe-haven CHF and support the pair’s upward move. A subdued USD price action could limit any further gains ahead of the US retail sales data. […]
