Tag Archives: Bonds

USD/CAD steadily climbs to daily high, up a little around 1.2775 amid modest USD strength

USD/CAD attracts some dip-buying on Friday amid a modest pickup in the USD demand. The prospects for additional Fed rate hikes, elevated US bond yields benefit the greenback. The recent rally in oil prices could underpin the loonie and keep a lid on any further gains. The USD/CAD pair rebounds a few pips from the… Read More »

USD/JPY struggles for a firm direction, remains confined in range around 135.00 mark

USD/JPY is seen oscillating in a narrow trading band around the 135.00 mark on Tuesday. Recession fears, US-China tensions underpin the safe-haven JPY and seem to cap the pair. The Fed-BoJ policy divergence acts as a tailwind ahead of the US CPI report on Wednesday. The USD/JPY pair extends its sideways consolidative price move through… Read More »

Gold Price Forecast: XAU/USD flirts with daily high, holds above $1,780 amid weaker USD

Gold regains positive traction on Monday amid retreating US bond yields, a weaker USD. The risk-on impulse, along with hawkish Fed expectations, should cap any further gains. The market focus would remain glued to the US consumer inflation data on Wednesday. Gold manages to attract fresh buying on Monday and builds on its steady intraday… Read More »

USD/JPY Price Analysis: Retreats from over a one-week high, downside seems limited

USD/JPY witnesses a modest pullback from over a one-week high touched earlier this Monday. Retreating US bond yields keep the USD bulls on the defensive and act as a headwind for the pair. The Fed-BoJ policy divergence should help limit the downside amid a bullish technical setup. The USD/JPY pair surrenders its modest intraday gains… Read More »