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NZD/USD hit by a toxic cocktail with risk themes
NZD/USD hit by a toxic cocktail with risk themes Down around 0.15%, NZD/USD is currently trading near 0.6690 and is moving between a low of 0.6670 and a high of 0.6709. Escalating tensions between Russia and Ukraine became the driving force as investors pounced on the Federal Reserve on Wednesday, As a result, the S&P
Read moreUSD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute
USD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute USD/JPY remains down for the third day in a row, down 0.30% on the day around 113.85 when Tokyo opens on Friday. The yen pair depicts market risk aversion while tracking falling Treasury yields and equities. Concerns about a hawkish appearance by the US
Read moreXAU/USD stands at a two-month high of $1,845 despite more steady yields
XAU/USD stands at a two-month high of $1,845 despite more steady yields Gold prices maintain previous rally momentum as it sits near fresh two-month highs of $1,844 set in early Asia. The upside potential for the shiny metal remains intact although continued strength is seen around the on-curve US Treasury yields. Gold prices benefited from
Read moreGBP/USD: UK policy is in the driver’s seat, BoE also center of attention
GBP/USD: UK policy is in the driver’s seat, BoE also center of attention GBP/USD has been fairly steady on the day so far in a quiet start to the week following a significant correction on Friday with demand for the US Dollar, which has been heavily bid at the start of the year. So far,
Read moreXAU/USD bulls point to further US dollar weakness
XAU/USD bulls point to further US dollar weakness Potential catalysts for the day ahead will come during the US session with New York Fed President John Williams and retail sales in the United States. The Fed will then enter a shutdown until its next interest rate decision later this month. This makes the US data
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Australian Dollar Strengthens on Hawkish RBA Comments; Risks Remain Amid US-China Tensions
Japanese Yen Weakens Amid Rebounding US Yields and Modest USD Recovery
US Yields Boost Dollar, Weaken Yen
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