Tag Archives: RiskAversion

AUD/USD: 200 DMA remains a tough nut to crack amid cautious mood

AUD/USD fails to capitalize on the early upside amid a souring mood. Falling Treasury yields cap USD recovery, offering aussie some support. Acceptance above 200 DMA is critical for AUD bulls after recent gains. AUD/USD is defending minor bids just above 0.7100, helped by a pause in the US dollar recovery ahead of the Consumer Sentiment… Read More »

EUR/USD struggles near 1.0300 as dollar recovers ahead of US data

EUR/USD is back in the red as the US dollar extends the overnight recovery. US Treasury yields hold near multi-week top amid hawkish Fed commentary. US Preliminary UoM Consumer Sentiment data eyed for fresh Fed rate hike pricing. EUR/USD is trading close to the 1.0300 mark, struggling to find demand amid an extended recovery in the… Read More »