Market News

MARKET NEWS

January 25, 2022
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

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January 21, 2022
USD/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

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January 20, 2022
XAU/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

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January 17, 2022
GBP/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,

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January 14, 2022
XAU/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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