USD / JPY continues to gain ground on Thursday and skyrockets to the highest level since July 2020. A pullback in US bond yields has been offset by the sustained buying of the USD and maintains support for the pair. Investors are hoping that Fed Chairman Jerome Powell’s speech will give them a significant boost. […]
Tag: Bonds
USD / CAD recovers quickly from weekly lows, jumps above 1.2650
USD / CAD posted a solid intraday rebound from levels below 1.2600 or weekly lows. Rising US bond yields benefited the USD and continued to support the move. Bullish oil prices supported the loonie and kept any significant gains in check. The pair USD / CAD it rallied over 60 pips from weekly lows and […]
GBP / USD remains stable above 1.3950, moving shortly after the UK budget / US ADP report.
GBP / USD struggled to preserve intraday gains and once again faced rejection near 1.4000. A strong rally in US bond yields sustained the USD and put some pressure on the pair. GBP bulls did not seem impressed by the UK budget statement and the disappointing US ADP report. A sudden spike in USD demand […]
XAU / USD falls below the $ 1,730 level and returns the modest gains of the previous day
A combination of factors triggers new sales around gold on Wednesday. The underlying bullish sentiment is seen as a key factor weighing on the safe-haven precious metal. A rally in US bond yields benefits the USD and added to intraday selling. The oro has seen some selling during the European session on Wednesday and has […]
US 10-year bond yields slide back to 1.40% after volatile week
Yields on US bonds fell sharply on the last trading day of the week. 10-year yields, which hit the 1.45% level on Thursday, fell back to 1.40% on Friday. After climbing all week, U.S. bond yields They are experiencing a sharp pullback on Friday as bond buying accelerated until the close of US trading. The […]
USD / CAD returns initial gains and falls back near the 1.2600 level
USD / CAD gained traction for the second day in a row on Friday. Some buying around the USD continues to support the bullish movement of the pair. Falling oil prices weighed on the CAD and provided a modest boost to the upside in the pair. The pair USD / CAD has fallen around 50 […]
XAU / USD falls to fresh eight-month lows and approaches the $ 1,750 level
Gold remains under some selling pressure on the last trading day of the week. A broad-based USD strength weighs on dollar-denominated gold prices. Risk-off sentiment does little to impress the bulls or offer support for the XAU / USD. The oro has moved lower during the Asian session on Friday and has fallen to fresh […]
USD / JPY regains ground initially lost and rises above 106.00 level
USD / JPY draws some buying near the 105.85 region amid widespread USD strength. Risk-off sentiment offers some support for the safe haven JPY and could limit any further gains. The pair USD/JPY it has managed to bounce more than 30 pips from the lows of the Asian session on Friday, around the 105.85 region. […]
Bulls take control above 106.00, move above monthly highs
USD / JPY continued to gain ground for the third straight session on Thursday. The formation of an ascending channel supports the prospects for additional earnings. The bulls appear poised to challenge the resistance of the channel near the 106.70-75 region. The pair USD/JPY It capitalized on this week’s strong rebound from levels below 105.00 […]
10-year Treasury yield surpasses 1.4% for the first time since February 2020
The Yield on 10-year US Treasuries resumed the bullish cycle on Wednesday. The rate reached the highest level in a year at 1,429%. After correcting and losing 1.7% on Tuesday, the 10-year Treasury yield regained its traction and advanced above 1.4% for the first time since February 24, 2020. At time of writing, the yield […]
