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Tag: US 10-year Treasury yield

EUR/USD Technical: At risk of minor mean reversion decline as US NFP looms – MarketPulse

EUR/USD has evolved into a short-term uptrend phase...

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GBP/USD Outlook: Bears Targeting 1.20 as Risk Aversion Grows

GBP/USD price finds selling pressure as China’s situation gets worse. Russia and Ukraine continue to augment tension, intensifying further risk aversion....

USD/JPY subdued around 136.50s on soft USD amidst falling US bond yields

The US Dollar fails to capitalize on a risk-off mood, blamed on falling US bond yields. Recently released US economic data would keep...

NZD soars despite drop in confidence

The New Zealand dollar is up sharply on Tuesday. In the North American session, NZD/USD is trading at 0.6943, up 0.83% on the day. NZ consumer sentiment falls sharply Westpac Consumer sentiment slowed for a third straight quarter, and the Q1 release showed a sharp drop, falling from 99.1 to 92.1. The 100-level separates optimism […]

Oil rallies, gold steady

Oil Crude prices have been in a ping-pong session over the past couple of days as energy traders monitor headlines regarding the Russia-Ukraine geopolitical conflict and Iran nuclear talks.  The Biden administration reached out to the Saudis but was unable to make any progress in getting oil prices down. The Saudis are sticking to their […]

Oil’s one-way move, gold breakout,

Oil keeps rolling It appears that crude prices are still on a one-way street headed towards USD 100 oil.  The improving demand outlook and vulnerable supply situation suggest the oil market will remain tight for the foreseeable future. It seems like the list of disruptions to supply keeps on growing, in the past week the […]

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