Analysis
AUD/USD touches a one-month high above 0.6950
Amid a rise in risk appetite, ahead of the key Fed meeting, the riskier asset started the fresh week on an
July 25, 2022
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Amid a rise in risk appetite, ahead of the key Fed meeting, the riskier asset started the fresh week on an
The British Pound recovered from the session’s lows but the upside remained capped. The latest mixed economic data weighed on the
The shared currency lost part of its two-day gains post ECB decision and political uncertainty in Italy. The currency reversed its
WTI crude oil trades lower despite the weakness in the US dollar. The greenback holds an inverse relationship with the commodities.
The shared currency rallied more than 1% on Tuesday. The move is sponsored by the dual factor of the weakness in
The Sterling outperformed the G-10 currencies as the fresh trading week begins. A correction in the U.S dollar and risk-on mood
XAU/USD beating continues for the fifth consecutive week. The precious metal loses its sheen as investors are shunned from the asset.
The Yen continued its decline against the U.S dollar, refreshing the 24-year low at 138.00. The depreciation that began in late
The shared currency continues to grind lower as the fundamentals still favor the bears. The recession fears, the monetary policy gap
The U.S dollar continues to reign its supremacy against all majors, specifically Yen on Monday while extending the previous week’s gains.
While the peace talks optimism may be fading, the euro is continuing to make back some of its losses since Russia
Firmer energy prices and low volatility in equity markets are helping to support the loonie. The former especially is a tailwind
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