The USD’s renewed selling bias helped the EUR / USD capture some new offers on Monday. As US bond yields fell, risk appetite continued to act as a headwind for the USD. The pair EUR/USD it maintained its offered tone heading into the American session and was last seen near the daily highs around the […]
Tag: Bonds
USD / CAD trapped within a range above 1.2050, looks vulnerable
A fall in US bond yields keeps USD bulls on the defensive and limits the USD / CAD rally. A rally in crude oil prices benefits the CAD and does not do much to support the pair. The pair USD / CAD you are spreading your consolidation price action and remain trapped within a range, […]
USD / JPY is moving lower around the 108.70 region
A drop in US bond yields keeps USD bulls on the defensive and puts some pressure on USD / JPY. The prevailing risk appetite could weigh on the safe-haven JPY and limit any further losses. The pair USD/JPY remains under pressure at the start of the European session on Monday, moving lower near the lower […]
USD / CAD remains depressed below 1.2050, clings near multi-year lows
A good rally in oil prices sustained the loonie and sparked further selling around USD / CAD. Better-than-expected retail sales data provided an additional boost to the loonie. Falling US bond yields and risk appetite kept USD bulls on the defensive and contributed to the sell bias. The pair USD / CAD it extended its […]
USD / CHF falls to fresh three-month lows around 0.8950
USD / CHF remains under pressure during the first half of trading action on Friday. A pullback in US bond yields and pessimistic expectations from the Fed continue to weigh on the dollar. Risk appetite weighs on the safe-haven CHF and helps limit the pair’s slide. The pair USD/CHF has managed to recover from an […]
USD / JPY consolidates in a range below the 109.00 level
USD / JPY struggles to find firm direction and remains trapped within a range on Friday. Falling US bond yields keeps USD bulls on the defensive and limits the pair’s rally. Risk appetite and COVID-19 nervousness in Japan weighs on the JPY and helps limit losses. The pair USD/JPY moves slightly lower during the European […]
GBP / USD clings to modest gains around 1.4130-35 region, lacks tracking
GBP / USD regained positive traction on Thursday and recovered some of the losses overnight. The retraction in US bond yields undermined the dollar and continued to support the intraday rally. Brexit-related uncertainties prevented the bulls from making aggressive bets and limited any further gains. The pair GBP/USD it maintained its modest gains during the […]
USD / CAD clings to session lows, bears expect a sustained break below 1.2100
A sharp drop in oil prices undermined the loonie and provided a modest intraday rise to USD / CAD. The decline in US bond yields kept dollar bulls on the defensive and limited any significant gains. Investors are now looking forward to US economic data to get some momentum ahead of Macklem’s speech. The pair […]
AUD / USD returns part of intraday gains, remains positive around 0.7750
A pullback in US bond yields weighs on the USD and helps AUD / USD regain traction on Thursday. Falling commodity prices and a sharp decline in equity markets limit earnings from the higher perceived risk AUD. A sustained break below the 0.7715-10 area (weekly lows) is needed to confirm a bearish breakout. The pair […]
USD / CAD recovers quickly from 1.2100 amid sharp drop in oil prices
USD / CAD draws in some lower level buying on Thursday and turns positive for the second day in a row. An intraday turnaround in oil prices weighs on the CAD and supports the pair’s upward move. A pullback in US bond yields keeps USD bulls on the defensive and limits the pair’s rally. The […]
