-637758749278709639.png "USD / JPY extends gains for the third day in a row, stable around 114.35")
The US dollar is up 0.59% on the week against the Japanese yen. The highest yields on US Treasuries are up three basis points to about 1.50%. USD / JPY Price Forecast: Has a bullish bias, although accelerating the trend would need a break above 114.70. El USD It extends its rally against the Japanese […]
Tag: Feeling
Remains stuck in the 0.9160-0.9250 range
-637757899865214319.png "Remains stuck in the 0.9160-0.9250 range")
The Swiss franc is appreciating around 0.45% against the US dollar amid broad USD weakness. Optimistic market sentiment fails to propel the dollar against underperforming currencies such as the EUR, CHF, and JPY. Falling US bond yields weigh on the US dollar. USD / CHF Technical Outlook: Neutral with no clear bias, although the breakout […]
XAU / USD limited in range around $ 1788-1795
-637757154434924569.png "XAU / USD limited in range around $ 1788-1795")
Gold is flat at the end of the New York session amid higher yields on US Treasuries. XAU / USD Technical Outlook: Neutral-bearish, unless gold bulls hit $ 1800. Gold (XAU / USD) has moderated during the New York session, trading above $ 1788 at time of writing. The appetite for riskier assets fueled by […]
IFO data recedes in December and is below expectations
Germany’s business climate IFO for the month of December has moderated to 94.7 points from 96.6 in November (revised up from 96.5), falling below the expected 95.3 points. This is the lowest figure recorded by the indicator in ten months, specifically since February. The index Current Valuation IFO it has also declined, standing at 96.9 […]
GBP / USD cuts three-day losses in a row and approaches 1.3300
The pound sterling advances amid mixed market sentiment, favored by the increase in US equities. Ómicron’s nervousness – COVID-19 appears to diminish as investors’ appetite for risk moderately improves. GBP / USD technical outlook: On the 4-hour chart, the 50 SMA has capped any bullish movement of the British pound three times, at press time […]
XAU / USD rises above $ 1,800 on falling US Treasury yields.
-637738830274137412.png "XAU / USD rises above $ 1,800 on falling US Treasury yields.")
Gold is strong as yields on 10-year US Treasuries fall 10 basis points to 1.43%. Risk-off sentiment boosted the XAU / USD outlook as the Omicron variant of COVID-19 threatens to derail economic growth. XAU / USD Technical Outlook: A break above $ 1,807 would expose $ 1,815, followed by $ 1,834. El oro (XAU/USD) […]
NZD / USD bounces away from yearly lows at 0.6787, towards 0.6800
The New Zealand dollar falls, despite recovering 0.6800, as the market assesses the impact of the omicron variant. The omicron variant of COVID-19 causes “mild” symptoms, according to SA health authorities. The Fed’s policy makers would like to increase the pace of the bond downsizing, according to the latest Minutes from the FOMC meeting. During […]
EUR / USD falls from 1.1300 to 1.1270 amid a slight improvement in market sentiment
-637738162943531658.png "EUR / USD falls from 1.1300 to 1.1270 amid a slight improvement in market sentiment")
The shared currency declines on Monday as market sentiment improves, as concerns about the omicron variant of COVID-19 ease. Broad strength of the US dollar across the board, weighing on the EUR / USD. EUR / USD sellers, to resume the move lower, will need to break below the 200 hourly SMA at 1.1271. On […]
GBP / USD remains stable around 1.3340 amid risk aversion environment
The discovery of a new variant of COVID-19 in South Africa that could be more difficult to combat spurred the market mood of risk aversion. The British pound fell due to the new variant COVID-19, although it ended the day higher, with an increase of 0.09%. The upward movement of GBP / USD is caused […]
XAG / USD Slumps Nearly 2% Amid Risk Averse Climate
XAG / USD follows the discovery of a new variant of COVD-19 in South Africa. The risk-off mood spurred by the UN COVID-19 variant sparked a selloff in the precious metals segment. La plata (XAG / USD) It extends its losses from the night session, shedding 1.91% on the day, trading at $ 23.14 during […]
