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Forex News

USD/JPY risk reversals hit two-month high

One-month risk reversals on USD/JPY, a gauge of calls to puts, rose to -2.17 on Tuesday to hit the highest level since Feb. 27. The options market metric bottomed out -11.10 on March 16.  The negative reading i...

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Forex News

Off two-month highs as US yields recover, focus on risk sentiment

EUR/USD pulls back from eight-week highs as US yields bounce from record lows.  The US index futures are pointing to risk reset.  Risk-on will likely weigh over the EUR, a safe-haven currency.  EUR/USD has pul...

NZD/USD seesaws near 14-day low on the NFP day
Forex News

Kiwi melts down to two-month lows near 0.6400 figure

NZD/USD is under heavy bearish pressure as sellers are printing fresh 2020 lows.  The level to beat for sellers is the 0.6399 support.   NZD/USD daily chart   NZD/USD printed a fresh 2020 low as bears are chal...

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Forex News

NZD/USD hits two-month low after registering biggest weekly loss since June

NZD/USD registered its biggest weekly loss since June last week.  The pair has hit a fresh two-month low of 0.6453 in Asia.  New Zealand’s Treasury expects a slower GDP growth rate in 2020. NZD/USD fell ...

AUD/USD ??????????????? ??? 0.6900 handle
Forex News

Aussie vulnerable near two-month lows, trades sub-0.6800 figure

The AUD/USD currency pair remains under selling pressure near two-month lows.  Bear targets can be located near 0.6725 and 0.6676 levels.      AUD/USD daily chart   Since the start of January, the market has b...

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Forex News

Euro vulnerable at two-month lows, eyeing the 1.1000 figure

EUR/USD remains under selling pressure below the 1.1068 resistance. The level to beat for bears is the 1.1039 support.    EUR/USD daily chart    EUR/USD is trading in a weak downtrend below the main simple mov...