RiskAppetite Archives

1 Minute

Forex

EUR/USD to trade at lower levels on a 6-12M horizon – Danske Bank

News November 17, 2023

Share: EUR/USD has rallied over the past month with the cross breaching the 1.08 mark. Economists at Danske Bank analyze the pair’s outlook. Further upside potential in the near-term We maintain the...

3 Minutes

Commodities

Gold Price Forecast: XAU/USD needs to defend $1,977 support for a fresh upswing

News November 6, 2023

Share: Gold price treads water below $2,000 amid a risk-on market environment. US Dollar pauses sell-off with the US Treasury bond yields after dovish Fed outlook. Gold price portrays a potential ascending...

1 Minute

Forex

AUD/USD: Dollar’s strength and poor levels of risk appetite to cap upside potential – Rabobank

News November 3, 2023

Share: Traditionally, the Australian Dollar is sensitive to the overall level of risk appetite. Thus, waning risk appetite is set to weigh on the Aussie, economists at Rabobank report. EUR/AUD: Scope for...

3 Minutes

Forex

Gold Price Forecast: XAU/USD striving for a weekly close above $2,000

News October 27, 2023

Share: Gold price consolidates Thursday’s two-way price action ahead of US PCE inflation on Friday. US Dollar licks wound alongside US Treasury bond yields amid improving market mood. Gold price confirmed a...

2 Minutes

Forex

AUD/JPY jumps to multi-week top after Australian CPI, remains below 96.00 mark

News October 25, 2023

Share: AUD/JPY gains strong positive traction on Wednesday and rallies to over a three-week high. The Australian CPI lifts bets for a 25 bps RBA rate hike in November and boosts the...

0 Minutes

Forex

USD/CAD to shift back toward the lower end of the range near 1.34 – TDS

News October 20, 2023

Share: The USD and risk sentiment are the biggest factors driving CAD. Economists at TD Securities analyze Loonie’s outlook. Fading USD/CAD rallies ahead of 1.38 The direction of the broad USD and...

7 Minutes

Forex

China’s green sector is boosting its appetite for aluminium

News October 20, 2023

Share: Strong demand from the electric vehicles and renewables sectors in China has helped to lift demand for aluminium, despite the prolonged crisis in the metals-intensive property market. SHFE aluminium prices have...

1 Minute

Forex

USD/CAD: More choppy range trade in the short run looks likely – Scotiabank

News October 18, 2023

Share: The CAD dumped – but only briefly – before returning to the low 1.36s where it was before Tuesday’s data reports. Shaun Osborne, Chief FX Strategist at Scotiabank, analyzes Loonie’s outlook....

4 Minutes

Forex

Mexican Peso dips as US data fuels speculation of December Fed rate hike

News October 17, 2023

Share: Mexican Peso weakened more than 0.50% late in the New York session. Mexico’s currency at the mercy of US Dollar dynamics amid a light economic calendar. CME FedWatch Tool indicates a...

6 Minutes

Forex

Gold remains depressed on positive risk tone, lacks follow-through amid geopolitical risks

News October 17, 2023

Share: Gold price remains under some selling pressure for the second successive day on Tuesday. A positive risk tone, along with elevated US bond yields, continues to weigh on the metal. Geopolitical...