USD/JPY gains ground and targets 150.00

[ad_1] Share: USD/JPY advances to fresh multi-month highs near 147.85 US Michigan’s Consumer Sentiment came in lower than expected. The US DXY index reached its highest point since March 9 at 105.43 and then settled at 105.23. All eyes are now on the Fed’s decision next week. Ahead of the weekend, the USD/JPY pair

NZD/USD gains ground and threatens the 20-day SMA, upside limited

[ad_1] Share: NZD/USD is seeing 0.30% gains and rose to 0.5915. Inflation accelerated in August, driven by higher gasoline prices. US yields initially soared to two-week highs and then consolidated.  Fed tightening expectations are still high. In Wednesday’s session, the NZD/USD increased towards 0.5915, near the 20-day SMA of 0.5922. That being said, the upside

USD/CHF holds ground above 0.8900, focus on US headline CPI

[ad_1] Share: USD/CHF trades higher around 0.8910 on the back of Greenback’s recovery. US inflation is expected to appreciate; any deviation could influence the sentiment toward the pair. BoJ Governor Kazuo Ueda’s hawkish remarks contributed to USD weakness. USD/CHF struggles to recover from the previous day’s losses ahead of the release of the

Australian Dollar Holds High Ground as US Dollar Slips. Will Rates Drive AUD/USD?

[ad_1] Australian Dollar, AUD/USD, BoJ, RBA, Fed, Treasury Yields, ACGB, JGB – Talking Points The Australian Dollar has found firmer footing going into Tuesday The BoJ pondered policy adjustments and the US Dollar sank in the aftermath RBA and Fed policy could impact back-end yields. Will they boost AUD/USD? Recommended by Daniel McCarthy Forex for

US Dollar Heads to the High Ground but USD/JPY Slips. Where to for USD/JPY?

[ad_1] US Dollar, USD/JPY, DXY Index, Japanese Yen, Treasury Yields, JGB, BoJ, Kanda – Talking Points The US Dollar ascent continued overnight with the DXY making a new high Firm US data underpinned interest rate markets with firming Treasury yields JGB yields are static. Will that see intervention in USD/JPY at some stage? Recommended by

Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD?

[ad_1] Euro, EUR/USD, US Dollar, Treasury Yields, ECB, Knot, EU Inflation, Crude Oil – Talking Points The Euro held firm again today as the US Dollar pauses in its climb Australia and China missed estimates on their respective trade surpluses Market pricing of an ECB hike might be questioned. Would it boost EUR/USD? Recommended by

Dollar loses a bit of ground to start the session

[ad_1] And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to

Gold (XAU/USD) Holds High Ground Despite the DXY Advance, Where to Next?

[ad_1] GOLD PRICE FORECAST: For Beginner Traders, Download Your Free Forex Guide Below Recommended by Zain Vawda Forex for Beginners MOST READ: USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A Temporary Blip? Gold prices may have fallen back slightly from a 2-week high but remains up around 1.31% at the time of writing

XAU/USD gains some ground on risk aversion at the end of the week

[ad_1] Share: XAU/USD recovered towards $1,890, still poised for a weekly decline. China’s real state giant Evergrande filed for bankruptcy protection in a US court. Lower US yields amid risk aversion benefits Gold prices. At the end of the week, the XAU/USD Gold spot slightly recovered to $1,890, but it is still poised for