The NZD / USD lost its traction after making a modest rebound. The US dollar index is nearing multi-month highs. Private sector employment in the US increased more than expected in June. After losing almost 100 pips in the first two days of the week, the pair NZD / USD it experienced a modest recovery […]
Tag: Foreign exchange
USD / CHF reaches the highest level since April 13, trades around 0.9250
USD / CHF gained traction for the third day in a row amid sustained buying interest in the USD. Upbeat expectations from the Fed and upbeat ADP report continued to act as a tailwind for the USD. The prevailing risk appetite undermined the safe haven CHF. The purchase of the USD accelerated during the beginning […]
USD / MXN remains in a consolidation range around 19.80
Strength of the dollar and some caution in the markets, prices rise to the USD / MXN. More general panorama still favors the losses in the crossing. USD / MXN is rising modestly on Wednesday, and remains within the same range since the beginning of the week moving around 19.80. The price recently climbed to […]
EUR / JPY reverses decline, reaches gains near 131.50
The EUR / JPY weekly lower leg found support near 131.30. The flash CPI of the EMU was 1.9% year-on-year, the core CPI rose 0.9% year-on-year. The US ADP report surprised to the upside with 692,000 jobs in June. The EUR/JPY it is trading in a tight range around 131.50 in conjunction with broad-based consolidation […]
USD / JPY marks daily highs in the 110.70 zone
USD / JPY cuts four days in a row with declines. The dollar strengthens throughout the market, maintains gains after US data. The USD / JPY is rising on Wednesday and held on to gains after the release of the US ADP employment report.. The price marked new daily highs at 110.69, and remains close […]
GBP / USD cuts daily gains, rises modestly around 1.3850 on ADP data
GBP / USD gained traction on Wednesday and recovered a significant part of the losses overnight. Some force driven by the fall of the EUR / GBP cross extended some support to the pair. Expectations of an aggressive Fed, a stronger US ADP report supported the USD and limited gains. The pair GBP/USD It maintained […]
USD / CAD dips below 1.2400 as oil gains traction
USD / CAD reversed its direction after climbing above 1.2400. WTI remains in positive territory near $ 74. The US Dollar Index continues to fluctuate above 92.00. Following the two-day rally observed at the beginning of the week, the pair USD / CAD it retained its bullish momentum and reached its highest level in more […]
GBP / USD gains momentum and marks highs at 1.3870 zone before ADP report
The pound gains momentum with statements from a Bank of England official. GBP / USD manages to hold above 1.3800, luck seems to depend on the dollar. The GBP / USD bounced off the area of ​​the weekly lows around 1.3815 and rose to 1.3873, marking a new high for the day. In the preview […]
More lows point to a test at 1.1850
EUR / USD flirts with weekly lows near the 1.1880 region. The next relevant support comes at the 1.1850 zone. The bearish bias of EUR/USD picks up on Wednesday ahead of US data. If the negative momentum of the euro accelerates, then there is a growing likelihood that the pair could revisit the 1.1850 area, […]
More raises seem likely as long as it remains above 91.45
The DXY extends momentum to the upside beyond 92.00. The bets for a move to 92.40 continue to rise. The U.S. dollar index (DXY) extends the bullish tone and is located above 92.00, registering at the same time new highs in several sessions. If the bullish moment gathers momentum, then the next major hurdle is […]