Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.
08.07.2022:Safe-haven currencies up after gunshot attack on Shinzo Abe; USDX,USD/JPY,AUD/USD,NZD/USD
Visualizzazioni:
In today’s Asian session, the US currency was trading with a bullish bias. The US dollar index approached 107.56 amid risk aversion and expectations of jobs data. Judging by the chart, it is holding firmly at the current levels, consolidating in the range of 106.81-107.79. Some analysts believe it may soon test a new 20-year high. There are many drivers for such growth. Its main rivals are now significantly weaker, especially the euro, which takes the greatest share in the basket. In the Asian trade, the euro/dollar pair fell to 1.0140, a 20-year low, due to the risk of an energy crisis in Europe. Perhaps it will slide lower during the European and American sessions. Since Monday, the US dollar index has already grown by almost 2%, notching its second weekly winning streak in a row.
The NFP report of the US Department of Labor for June may also strengthen the US dollar as a safe-haven asset. Strong data will be another reason for the Fed to proceed with monetary tightening. Moreover, yesterday, two of the most hawkish FOMC members backed raising interest rates by another 75 basis points this month. At the same time, James Bullard sees a “good chance” the central bank will engineer a soft landing for the economy. Fed Governor Christopher Waller believes that the US economy is strong enough and the fears of a recession are overblown. He reckons that "inflation is a tax on economic activity, and the higher the tax the more it suppresses economic activity." He added that the Fed would do everything possible to rein in soaring inflation.
As Japan's monetary policy stance differs considerably from other leading central banks, the yen remains weak. It has already fallen to its lowest level in 24 years. In the first half of 2022, it lost almost 16% against the US dollar. However, the yen is rising slowly but surely amid the fears of a recession and the risk of a change in the BoJ’s monetary policy. In the Asian session, its price jumped by almost 05% to 135.71, moving in the upward channel. It is hovering in the range between the resistance level of 136.15 and the support level of 135.31. Analysts stress that the yen’s appeal has also risen among investors. Now, we see a broad consolidation between 134 and 137.
Meanwhile, the Australian dollar is influenced by other factors. On the one hand, the US dollar is rising in anticipation of the NFP report and the Fed's rate decision next week. In addition, investors are unwilling to buy risk assets. As a reminder, the Aussie is a risk asset. On the other hand, China has announced a large package of measures to stimulate the economy for the second half of 2022. It may lead to an increase in oil prices as well as other commodities.
This is positive news for the Aussie as well as for the Australian economy. The Australian dollar may climb amid growing commodity prices and optimism on China’s trading floors. The Australian economy has almost fully recovered from the pandemic crisis. So, there is no need for aggressive monetary tightening. The next RBA meeting will take place only on August 2. The Aussie is unlikely to receive support from the regulator. It has declined today to 0.6822 because of risk aversion. The AUD/USD pair is trading in the red price corridor of 0.6804-0.6862.
The loonie has a similar dynamic. It slid to 0.6157 in the Asian session. It began to decrease versus the US dollar in the middle of last week. Since then, the situation has not changed drastically. Moreover, in the coming weeks, the NZD/USD pair may drop to the support level of 0.6100. If the loonie breaks above 0.6230, there will be a chance of a trend reversal. In the Asian session, the pair was trading in the range of 0.6147–0.6193.
FX Analytics - https://www.instaforex.eu/forex_analytics
Forex Calendar - https://www.instaforex.eu/forex_calendar
Forex TV from InstaForex - https://www.instaforex.eu/instaforex_tv
Rimani 
