USD/JPY is losing 0.23% amid a mixed market mood for the week. DXY approaches 96.00 despite rising tensions in Ukraine. The Fed’s Bullard and Mester are in favor of raising rates at a faster pace. USD/JPY Technical Outlook: Trending up, but a daily close below the 50-day DMA would open the door towards 114.00. The […]
Tag: Feeling
EUR/USD stable around 1.1360 as tensions between Russia and Ukraine persist
EUR/USD fluctuated during the trading session on Thursday, but is up 0.14% on the week. Risk aversion in financial markets remains unless tensions between Ukraine and Russia ease. EUR/USD has a neutral bias, but downside risks remain as long as the pair remains below 1.1400. On Thursday, amid rising tensions in the Russia-Ukraine crisis, the […]
USD/JPY dips below 115.00 amid escalating Russia-Ukraine conflict
USD/JPY extends its decline on the week, down 0.38%. US jobless claims rose more than expected, while the Philadelphia Fed fell more than expected. Rising tensions from the conflict between Russia and Ukraine increased the appeal of the JPY’s safe haven status. USD/JPY Technical Outlook: The break of 115.00 exposed the 114.14 level. On Thursday, […]
Despite geopolitical nerves, bulls target 157.00
The British Pound against the Japanese Yen is up 0.29% on the week. US officials and Estonian intelligence confirm the movement of Russian troops towards the Ukraine border, according to Reuters. GBP/JPY Technical Outlook: If GBP bulls make a daily close above 156.81, a move to 157.00 is on the cards. the pound sterling advanced […]
AUD/USD rises around 0.7185 amid risk-off conditions
AUD/USD extends its gains on the week, rising as much as 0.78%. Rising tensions in the conflict between Russia and Ukraine could not stop the risk-sensitive AUD from rising. The Fed’s Kashkari and Harker favor “gradual” 25bp hikes for fear of triggering a recession. AUD/USD in the short term is biased to the upside but […]
Forex Today – Asian Session: The mood improves, but the markets are not out of the woods yet
What you should know on Wednesday, February 16: Market sentiment improved on Tuesday as market players rushed to price in declining tensions between Russia and Ukraine after the Russian Defense Minister announced that some of the troops on the border would return to their bases. . However, Russian President Vladimir Putin’s comments published during the […]
The ZEW of economic sentiment for Germany and the Eurozone improves its forecasts in February
The index ZEW economic sentiment from Germany for the month of February has risen to 54.3 points from 51.7 in January, improving the 53.5 expected by the market. This is its highest level in seven months, specifically since July 2021. The current situation ZEW of the German country has also improved, moderating to -8.1 from […]
University of Michigan Consumer Sentiment Index falls to 61.7 points in February vs. 67.5 expected
The University of Michigan consumer sentiment index falls to 61.7 points in February, a much larger drop than expected and to its lowest level since October 2011. FX markets did not see any notable reaction to the recent poor data. According to the preliminary February consumer survey from the University of Michigan, the consumer sentiment […]
Sentix Investor Confidence improves to 16.6 points in February vs. 15.2 forecast
Eurozone investor sentiment has extended its upbeat momentum in the second month of 2022according to the latest data released by the research group Sentix on Monday. The indicator rose to 16.6 points in February from 14.9 seen in January versus an expected advance to 15.2. The index has extended its recovery from the lowest levels […]
A failure near the 50-DMA pushed the pair below 82.00.
AUD/JPY advanced despite a risk-off mood in the FX complex, up 0.01%. AUD/JPY Technical Outlook: Bias to the downside as long as it remains below 82.60. On Wednesday, the Australian dollar offsets losses against the underperforming Japanese yen during the American session. At the time of writing, the AUD/JPY it trades at 81.77. Market sentiment […]