-
AUD/USD, Bitcoin analysis: A rebound for risk does not equate to risk on
Looking across major indices and forex pairs, all I see is the same setup. A sudden drop of risk assets, with cautions gains now lifting them from their lows. Comments from Fed members have soothed fears of an emergency rate cut, lifting US yields to allows index futures to track them higher. The BOJ also surprised by shifting back to a dovish tone due to this week’s market turbulence, which is weakening the yen and reviving the carry trade. AUD/JPY rose over 7% from Monday’s low to Wednesday’s high and Nikkei futures rose over 18% over the same period. But does that mean we’re back in a phase of risk on? Not ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cmegroup.com|Aug 8, 2024Why has the Japanese yen weakened against the U.S. dollar while the Mexican peso has strengthened over the long term?
From dol.gov|Aug 8, 2024|5 commentsIn the week ending August 3, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 17,000 from the previous week's revised level. The previous ...
From marctomarket.com|Aug 8, 2024Yesterday's poor 10-year note US Treasury auction helped turn the equity market lower yesterday and this carried over into Asia Pacific and European activity today. Today, ...
-
- Newer Stories
From vantagemarkets.com|Aug 8, 2024Markets this week are awash in a sea of red, with widespread carnage everywhere you look. With drops in crypto, oil, equities and Treasury yields – and with gold spot prices ...
From breakingthenews.net|Aug 8, 2024Working natural gas in storage across the United States increased by 21 billion cubic feet in the week ending August 2 compared to the previous seven-day period to reach 3,270 ...
From oddee.com|Aug 8, 2024Do you know Bluey? That’s a trick question — of course you do. Even if you wouldn’t give a flying fluffernutter about cartoons for little kids, you can’t have missed seeing the ...
- Story Stats
- Posted: Aug 8, 2024 9:46am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 2,960
