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Tag: RiskAppetite

NZD/USD bounces off 200 DMA, climbs above 0.6950

NZD/USD bounces off 200 DMA, climbs above 0.6950 NZD/USD bounces off 200 DMA, climbs above 0.6950

NZD/USD is trading sharply higher on Monday, with the pair up 0.6% to hit 0.6965. The pair has ignored the Russo-Ukrainian pessimism and the Fed’s recent hawkish line speech after bouncing off its 200 DMA. Now eyeing a test of recent highs at 0.7000, helped by buoyant equity markets. The NZD/USD trades strongly higher on […]

GBP/JPY advances to 161.00, ignoring rising geopolitical risks

GBP/JPY advances to 161.00, ignoring rising geopolitical risks GBP/JPY advances to 161.00, ignoring rising geopolitical risks

GBP/JPY advanced on Monday along with other risk-sensitive currency pairs as US stocks rise. Dovish comments from the BoE and recent negative developments in the Russia-Ukraine war have failed to dent risk appetite, with GBP/JPY now at 161.00. Dovish comment from BoE Deputy Governor Jon Cunliffe, who said a drop in demand through household consumption […]