
Safe-haven currencies fall on hopes
LONDON (Reuters) – FX SIGNALS The safe-haven Japanese yen fell back on Friday and risk-sensitive currencies like the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.
The euro edged higher versus a weaker dollar.
USDCHF
Usdchf uptrend by fxpremiere on TradingView.com
USDJPY
Usdjpy uptrend by fxpremiere on TradingView.com
XAUUSD
Xauusd Gold downtrend by fxpremiere on TradingView.com
The yen and rival safe-haven, the Swiss franc, have gained this week as investors sought safety amid rising tensiona on the Ukrainian border, where more than 100,000 Russian troops are massed. Western powers say Russia is looking for a pretext to invade, a charge Moscow rejects.
The improvement in sentiment on Friday came after U.S. State Department said late on Thursday that Secretary of State Antony Blinken had accepted an invitation to meet with Russian Foreign Minister Sergei Lavrov late next week provided Russia does not invade Ukraine.
This provided some relief after a jittery Thursday following exchanges of fire between Kyiv’s forces and pro-Russian separatists.
RISK APPETITE SUBDUED
“The confirmed meeting between Blinken and Lavrov may mean markets conditions remain stable into the weekend but the appetite for risk will likely be contained until that meeting takes place,” said MUFG analyst Derek Halpenny.
The dollar rose 0.2% on the yen, and earlier reached as high as 115.28 yen, having touched a two-week low of 114.78 in early Friday trading.
For the week the dollar remains down 0.3% versus the Japanese currency — a relatively small move given the geopolitical tensions of the past week that suggests investors are not yet panicking about the crisis.
The dollar also gained 0.12% on the franc on Friday to 0.9208 francs while the euro rose 0.1% versus the Swiss currency.
Currencies highly sensitive to broad investor sentiment rose. The Australian dollar gained 0.4% to $0.7218.
FX SIGNALS
Safe-haven currencies fall on hopes
TELEGRAM FX SIGNALS
Safe-haven currencies fall on hopes, Forex – Yen Begins to Feel Coronavirus Heat
FX Signals
The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more… Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners. eurusd signals
Pound US Dollar GBPUSD Exchange Rate Falls
FxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms. Euro inches higher ahead of ECB
US Dollar Up, Major Currencies on Hold
FX Signals on Dollar holds firm
US Dollar Climbs as Soaring Inflation
Euro extends gains after Russia ends
Dollar slips as investors become less concerned about Ukraine
US Dollar slips as investors become less concerned about Ukraine, Dollar stronger amid higher U.S. yields
Safe-haven currencies fall on hopes
About The Author: Forex Signals
Telegram Forex Signals FX including Opening Forex Accounts. Subscribe now for major pairs Forex Trading Signals Today by FxPremiere Telegram Forex Signals FX
More posts by Forex Signals