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 […]
Tag: RiskAppetite
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 […]
