Tag Archives: risk aversion

The Dow Jones Industrial Average (DJIA) shed around 500 points on a shaky market Monday, with risk appetite shriveling on the back of decreased rate cut expectations and tensions in the Middle East running on the hot side. Markets expect less than 50 bps in further rate cuts from the …

The Canadian Dollar (CAD) backslid into long-term averages against the US Dollar on Monday, with markets opening up the new trading week notably on the back foot. Investors pulled back into the safety of the Greenback, sending the Canadian Dollar skidding into three-week lows. Meaningful economic data from Canada remains …

The dollar-yen pair has been under pressure in recent weeks, driven primarily by the decline in US Treasury yields. This inverse relationship between the two assets is a well-established dynamic in the global foreign exchange market, influenced by factors such as interest rate differentials and safe-haven demand. As US Treasury …

Gold prices remained largely flat in Asian trading on Monday, reeling from last week’s losses as concerns about high U.S. interest rates intensified ahead of a Federal Reserve meeting and crucial inflation data this week. The precious metal retreated from near-record highs following Friday’s stronger-than-expected nonfarm payrolls report, prompting traders …

Gold prices surged in Asian trading on Friday, approaching key highs as expectations of Federal Reserve interest rate cuts gained momentum in anticipation of crucial nonfarm payrolls data due later in the day. The precious metal was poised for weekly gains following a series of weak U.S. economic readings that …

Gold prices have fallen by 0.90% in the mid-North American session on Tuesday, amid risk-off sentiment and falling US Treasury bond yields. The latest tranche of US economic data shows the economy is slowing down, warranting lower interest rates. However, the Gold Index, XAU/USD, trades with losses and exchanges hands …

At the time of writing, the US Dollar Index (DXY) is trading at 106.117, down slightly from its previous peak of 106.35. Still, the index is aimed at hitting its peak of 107.10 on November 1. With hawkish predictions on the Federal Reserve and tensions in the Middle East potentially …

The US dollar’s rally and the drop in equity prices continue to be in the spotlight. The New Zealand NZD Business Confidence survey and Australian retail sales are two important readings to be watched during the Asian session. Later, attention will turn to Spain’s and Germany’s early September inflation data. …

The GBP/USD pair has experienced a 0.46% loss due to risk aversion following the Bank of England’s decision. The Fed’s higher-for-longer stance continues to support the Greenback, with speakers emphasizing the need for another rate hike and sustained high rates. The Sterling is expected to weaken against the US Dollar, …

In the US trading session on Tuesday, the USD/CAD pair was able to surpass the 1.3500 mark. The pair is trading at 1.3520, up +0.49 at the time of writing. The US Dollar Index dominates the broader market, making it difficult for the oil-backed Canadian currency to gain momentum.The second …