USD / CHF came under renewed selling pressure on Friday, falling to fresh multi-week lows. The USD is struggling to capitalize on its intraday gains despite a strong recovery in US bond yields. The prevailing sentiment of risk appetite weighs on the safe-haven CHF and helps limit any further decline in the pair. The pair […]
Tag: Bonds
USD / JPY recovers from multi-week lows amid rally in bond yields and stronger USD
USD / JPY gains some positive traction on Friday and breaks a four-day losing streak. Upbeat US macro data on Thursday and the rebound in US bond yields provide support for the USD. The lack of a solid follow-up on the pair’s buying warrants caution before opening new bullish positions. The pair USD/JPY moves with […]
USD / CAD cuts intraday losses to monthly lows, retreats above 1.2500
The USD / CAD witnessed some subsequent selling for the third consecutive session on Thursday. A modest rally in the USD, a pullback in crude oil prices helped limit the slide, at least for now. The optimistic macroeconomic statements from the US failed to impress bullish traders or provide any significant boost. The pair USD […]
USD / CHF cuts modest intraday gains, holding comfortably above 0.9200
Risk appetite undermined safe-haven CHF and extended some support to USD / CHF. Falling US bond yields continued to weigh on the USD and kept the intraday rally limited. Investors are now looking forward to major US macro releases for significant momentum. The pair USD/CHF it struggled to preserve its modest intraday gains and has […]
GBP / USD returns initial gains to one-week highs and remains stable around the 1.3750 region
GBP / USD gained traction for the third day in a row, although it struggled to capitalize on the move. A modest rally in US bond yields benefits the USD and limits the pair’s gains. A subsequent dip below the 1.3745-40 region will shift the bias in favor of the bears. The pair GBP/USD has […]
AUD / USD rises to three-week highs and approaches the 0.7700 level amid weaker USD
AUD / USD builds on the previous day’s bounce from levels below 0.7600 amid a sustained sell off around the USD. Tuesday’s unimpressive US CPI and falling US bond yields continue to weigh on the USD. Positive risk sentiment benefits the higher perceived risk AUD and supports the pair’s upward move. Downward pressure around the […]
GBP / USD quickly recovers from the support of the 100-day SMA and rises back above the 1.3700 level
GBP / USD is witnessing intraday short coverage from the 100-day SMA near the 1.3670-65 region. Falling US bond yields limit USD bulls and offer support to the pair. The technical setup remains skewed in favor of the bears and supports the prospects for further losses. The pair GBP / USD has recovered close to […]
AUD / USD Recovers From Initial Drop Below 0.7600, Still Deep Negative Amid Stronger USD
AUD / USD is witnessing strong selling on Friday and falls to lows of more than a week. A strong rally in US bond yields boosts the USD and puts pressure on the pair. Risk appetite limits losses to the perceived riskiest Australian dollar, for the time being. The pair AUD/USD has recovered a portion […]
XAU / USD clings to gains near two-week highs around the $ 1,745-46 region
A softer tone around the USD helps gold regain positive traction on Thursday. Risk appetite and a rebound in US bond yields could limit any significant gains. A sustained move above the $ 1,745-46 hurdle is needed to confirm a bullish bias. The oro has reached new intraday highs during Thursday’s European session, with the […]
USD / JPY clings to gains near daily highs just below the 110.00 level
A combination of factors helps the USD / JPY make a modest bounce from the one-week lows. The underlying bullish sentiment weighs on the safe-haven JPY and remains supportive for the pair. A modest rally in the USD provides additional boost, although falling US bond yields limit gains. The pair USD/JPY It has built on […]
