A combination of factors pushed USD / JPY to more than a month high on Monday. Risk appetite weighs on the safe-haven JPY and supports the pair’s upward move. Resurgent USD demand further contributes to the current positive momentum in the pair. The pair USD/JPY moves higher during the European session on Monday and has […]
Tag: Main Pairs
US Dollar DXY Index Returns to Smile and Approaches 96.00 Level
The DXY index leaves Friday’s decline behind and is targeting the 96.00 level. US yields start the week on a mild positive sentiment. Construction spending and the final manufacturing PMI stand out on today’s economic calendar. The US dollar DXY index, which measures the strength of the dollar against a basket of major currencies, regains […]
AUD / USD cuts modest intraday gains, sideways near 0.7250
AUD / USD consolidated its recent gains and remained confined in a range below the monthly high. A softer tone in equity markets acted as a headwind for the Aussie perceived as riskier. The slide remains muffled amid declining Omicron fears and tight end-of-year liquidity. The pair AUD/USD it trimmed its modest intraday gains and […]
USD / JPY validates monthly gains over 115.00
The dollar with little change on Friday, remains above 115.00. USD / JPY on its way to close the year with a significant rise. The USD / JPY is trading with a small profit on Friday, around 115.10 / 15, in a day with limited travel. The last session of the year presents a low […]
EUR / USD in range above 1.1300, stable on the last day of 2021
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Euro unchanged against the dollar, in the previous 2022. EUR / USD on its way to close the year negative, after getting support at 1.1200. Dominant trend remains bearish for the pair. The EUR / USD is trading sideways on the last day of 2021, around 1.1320. It has moved so far this day in […]
USD / CAD falls to 20-day lows and approaches 1.2700
The loonie gets stronger on the last day of the year. USD / CAD aims to end 2021 at the same level it was 12 months ago. Low volume workday and few operations. The USD / CAD is falling for the third day in a row, hitting 1.2714, the lowest level since December 13. The […]
The bulls remain in control near the monthly high, above the 1.3500 mark
GBP / USD regained positive traction on Friday and rose again near the monthly high. The setup supports prospects for a move to test the 1.3565 confluence resistance. Only a sustained break below the 1.3400 mark will negate the positive near-term outlook. The GBP / USD pair advanced during the first part of the European […]
Major Pairs Trapped in Tight Ranges on the Last Day of 2021
This is what you need to know to trade today Friday, December 31: Following the choppy market action on Thursday, the major pairs remain quiet as we approach 2022. No macroeconomic data will be released on New Year’s Eve, but the US equity markets will be open. US bond markets will close early. Hours earlier, […]
GBP / USD creates new monthly highs in the 1.3520 zone
The weaker US dollar and EUR / GBP give the pound a boost. GBP / USD bounces off 1.3480 and climbs to new highs. A positive tone in the financial markets also helps the rise. The GBP/USD it rallied to 1.3480 and climbed to 1.3521, reaching a new monthly high. It remains near the top […]
GBP / USD tries to return above 1.3500 after reaching new highs in a month
GBP / USD with bullish bias, still unable to affirm above 1.3500. The pound advances against the euro, a key test that could give it more strength. US: Initial claims for unemployment benefits fall. The GBP / USD jumped to 1.3516, the highest level since November 10, and then fell back to 1.3475. At the […]
