Share: The index approaches the key 103.00 support. US yields look poised to extend the decline. Consumer Confidence, Fedspeak come next in the docket. The greenback alternates gains with losses near the 103.00 neighbourhood when gauged by the USD Index (DXY) on turnaround Tuesday. USD Index focuses on key data, Fed speakers The
Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags Markets remain risk-on with a range of US equity markets posting fresh multi-month highs. The VIX ‘fear gauge’ is at lows last seen at the start of 2020 and has fallen in excess of 46% from its late-October spike high. The growing feeling that
The USD is moving to new session lows vs all the major currencies with the exception of the JPY. The declines come despite rise in US yields. The US 2-year is up 3.2 bps, the 10-year is up 5.8 bps, and the 30-year is up 5.6 bps. EURUSD: EURUSD moves from 100 hour MA The
As the US 10-year yield moves higher, the USD is moving lower. That is not the normal relationship, but it is today. Technicals seem to be in play as the 10-year yield bounces off a key support area near 4.34%. Meanwhile, the USD is breaking to the downside against a number of the major currencies.
The CAD is ending the day as the strongest of the major currencies while the USD is the weakest. The USDCAD is the biggest mover in trading today Canada retail sales came in much stronger than expected with a gain of 0.6% for the month. That was much higher than the 0.0% gain expected. The
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate
USD/JPY swiftly recovered yesterday’s downside move but US economic data could aid in a bullish yen outlook. لینک منبع : هوشمند نیوز
EUR/USD ANALYSIS Weak US dollar providing sustenance for EUR. ECB officials in focus today. EUR/USD hits overbought zone on RSI, is bullish momentum fading? Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s
Share: GBP/USD Price Analysis: Gains traction below 1.2500, investors await BoE’s Bailey speech The GBP/USD pair holds positive ground around 1.2485 during the early European session on Monday. The recovery of the pair is bolstered by the softer US Dollar (USD) and lower US Treasury bond yields. Investors will take more cues from
USD/JPY traded higher early, back towards 150 but has been sold off a big figure or so to approach 149.00 Apart from what has already been posted there is nothing fresh. AUD, EUR, GBP, NZD, CAD are all stronger against the dollar. Yuan is a notable beneficiary, we had USD/CNY set at its strongest (for
