AUD / USD is witnessing an intraday turn of around 40 pips from the two-week highs. A modest pickup in demand for the USD is considered a key factor putting some pressure on the pair. Repeated failures at higher levels support prospects for a further short-term decline. The pair AUD / USD is down nearly […]
Tag: Bonds
USD / JPY falls to week-long lows, below 110.00 amid falling US bond yields
USD / JPY fell more than 50 pips from daily highs amid new USD sell bias. The decline in US bond yields appeared to be the only factor weighing on the dollar. The optimistic US economic outlook should help limit any further decline for the pair. The pair USD/JPY it updated daily lows during the […]
USD / JPY consolidates recent gains to one-year highs and remains stable above the 110.50 level
USD / JPY remains trapped within a tight range at the start of the European session. The pullback in US bond yields keeps USD bulls on the defensive and limits the pair’s gains. The optimistic US economic outlook supports the prospects for an extension of the pair’s recent bullish move. The pair USD/JPY has lacked […]
NZD / USD bearish below 0.7000 amid widespread USD strength
The NZD / USD witnessed an intraday trend reversal from the week-long highs amid a sustained buy in the USD. The optimistic US economic outlook, rising US bond yields, and softer risk tone benefited the USD. The pair NZD / USD it remained depressed throughout the early American session and was last seen hovering near […]
Yields on US 10-Year Bonds Will Hit 2.00% Later in the Year – Credit Suisse
Yields on US bonds are expected to rise more gradually during the second quarter, with the risk of a short-term pullback high in the first part of the quarter, Credit Suisse analysts warn. They expect US 10-year bond yields to rise to 1.82% during the second quarter and 1.96 / 2.00% later in the year. […]
USD / CHF to new multi-month highs amid sustained USD buy
USD / CHF breaks out of its two-day range and rises to multi-month highs on Tuesday. The optimistic US economic outlook and rising US bond yields continue to prop up the dollar. A positive risk tone weighs on the safe haven CHF and provides an additional boost to the pair. The USD buying has been […]
AUD / USD cuts modest intraday gains, sideways around 0.7630 zone
AUD / USD struggled to hold its intraday gains to four-day highs amid a sustained buy in the USD. The optimistic US economic outlook and a sudden rebound in US bond yields propped up the dollar. A solid bounce in US equity futures helped limit the downside to the perceived riskier Australian. The pair AUD/USD […]
USD / JPY returns to multi-month highs, around the 109.75 zone
USD / JPY drew some buying on the dips on Monday and was back close to multi-month highs. The optimistic US economic outlook continued to prop up the dollar. A turnaround in US equity futures, the recovery in US bond yields provide additional momentum. The pair USD/JPY It has managed to bounce around 35 pips […]
De Cos says it is vital to maintain an accommodative monetary policy
Commenting on the prospects for monetary policy, the member of the Governing Council of the European Central Bank (ECB), Pablo Hernández de Cos, said that it is vital to maintain an accommodative monetary policy. De Cos has added that the “Quantitative easing (QE) and longer-term refinancing operations (TLTRO) should be part of the ECB’s normal […]
US dollar index rises above 92.00
DXY rises further and breaks through the 92.00 level. US 10-year yields trade closer to the 1.75% level. The Fed said it will not extend the SLR pause. The US Dollar Index (DXY), which measures the dollar against a set of its major G10 peers, is gaining additional strength and hit new weekly highs above […]
