XAU/USD exposes to $1,850 as yields strengthen amid hawkish Fed bets
Gold price is expected to continue its downside journey to near $1,850.00 as US yields have strengthened. The speech from Fed chair Jerome Powell will provide the likely monetary policy action ahead. Goldman Sachs sees two more interest rate hikes by the Fed in March and May. Gold price (XAU/USD) has resumed its downside journey […]
Bullish bets on Asian FX as easing of China COVID curbs boosts outlook
© Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. dollar rally and China’s pivot from its strict COVID-19 curbs boosted […]
Asia FX rises in holiday trade as China recovery bets grow By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese economy will bounce back this year, with focus also turning to key U.S. data due this week. Regional trading volumes were limited with most markets closed for the […]
EUR/USD aims to surpass 1.0840 as hawkish ECB bets soar
EUR/USD is looking to stretch its recovery move above 1.0840 amid soaring hawkish ECB bets. Weakness in S&P500 due to soaring recession fears are restricting the upside in the risk-perceived currencies. US Treasury yields have displayed a recovery after printing fresh multi-month lows. The EUR/USD pair is struggling to extend its rebound above the immediate […]
GBPUSD Slips But Remains Well Bid On Interest Rate Bets
GBP/USD Prices, News, and Analysis GBPUSD is still supported by expectations that UK rates have higher to climb Strong wage data this week underlines the view Technically, the uptrend from September still dominates Recommended by David Cottle Building Confidence in Trading Sterling bulls still have December’s six-month highs against the United States Dollar firmly in […]
Upcoming ECB Minutes to Augment Hawkish Bets?
EUR/USD ANALYSIS ECB in focus today – market looking for guidance. Dollar weakness has been a pillar of strength for the euro, will this continue? Long wick candles and bearish divergence could be signs of euro fatigue. Recommended by Warren Venketas GET YOUR COMPREHENSIVE EURO Q1 FORECAST! EURO FUNDAMENTAL BACKDROP The euro has been receiving […]
Asia FX weakens on recession woes, yen supported by yield cap bets By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The was the best performing Asian currency for […]