USD / JPY is moving lower on Thursday and returns some of the positive movement from the previous day. Falling US bond yields are weighing on the USD and putting some pressure on the pair. A softer risk tone benefits the safe haven JPY and contributes to the pair’s selling bias. The pair USD/JPY moves […]
Tag: Bonds
AUD / USD falls to new daily lows below 0.7750 level
A combination of factors triggers new selling around AUD / USD on Wednesday. Risk aversion sentiment is seen as a key factor weighing on the higher perceived risk AUD. A strong recovery in US bond yields benefits the USD and adds to the pair’s sell bias. The market’s attention remains on the release of the […]
USD / JPY rises above 109.00 again amid modest USD rally
USD / JPY gains some positive traction on Wednesday and breaks a four-day losing streak. A good rally in US bond yields eases downward pressure on the USD and offers some support for the pair. Risk-off sentiment could benefit the safe-haven JPY and limit the pair’s rally ahead of the FOMC minutes. The pair USD/JPY […]
USD / CHF clings near multi-month lows, below 0.9000
The sustained selling of the USD put further downward pressure on the USD / CHF on Tuesday. A modest rally in US bond yields and a positive risk tone did little to provide support. The pair USD/CHF it maintained its strongly offered tone during the middle of the European session, although it has managed to […]
USD / JPY remains depressed near three-day lows, just above 109.00
USD / JPY extends last week’s retracement slide down for the third consecutive session. A softer risk tone benefited the JPY, a safe haven; The Fed’s dovish expectations weighed on the USD. The recovery in US bond yields prevented bearish traders from placing new bets and helped limit losses. The pair USD/JPY it remained depressed […]
USD / CHF at fresh multi-day lows around 0.9000 level
A combination of factors does not help USD / CHF capitalize on its modest intraday rally. Pessimistic expectations from the Fed and falling US bond yields weigh on the dollar and put pressure on the pair. A softer risk tone benefits safe-haven CHF and further contributes to the pair’s selling bias. The pair USD/CHF has […]
GBP / USD returns initial gains and falls back below the 1.4100 level
GBP / USD is unable to retain and capitalize on its positive move to three-day highs early in the European session. Nervousness over Brexit offsets renewed selling around the USD and optimistic outlook for the UK economy, limiting the pair’s rise. The pair GBP/USD has returned an upward movement at the start of the European […]
USD / JPY falls to three-day lows and points to the level of 109.00
A combination of factors dragged USD / JPY lower for the third day in a row on Monday. Disappointing US retail sales on Friday and falling US bond yields continue to weigh on the dollar. Lingering nervousness around the coronavirus benefits the safe-haven JPY and contributes to the selling bias in the pair. The pair […]
Bulls Flirt with 38.2% Fibonacci Level
AU / USD gained strong positive traction on Friday amid renewed USD sell bias. Falling US bond yields and disappointing US retail sales weighed heavily on the dollar. The scenario now looks set for a move towards the 0.7800 recovery. The pair AUD/USD It built on the good bounce the day before from levels below […]
GBP / USD updates session highs, expects a move above 1.4100 after US retail sales.
The USD’s renewed selling bias helped GBP / USD regain positive traction on Friday. Weaker US retail sales report, falling US bond yields weighed heavily on the dollar. The lack of a solid follow-up buy warrants bullish traders’ caution. The pair GBP/USD updated daily highs in reaction to weaker US retail sales figures, and the […]
