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USD gains as risk appetite gains traction – TradeTheNews

FXStreet (Barcelona) - The TradeTheNews Team updates regarding the key developments in the FX space.

Key Quotes

“USD exhibited strength during the session as market participants reevaluated the Saudi-Yemen conflict. The price action saw safe Havens flows subside and risk appetite gaining some traction”

“The EUR/USD approached the 1.0800 level while USD/CHF neared the 0.97 before some minor consolidation.”

“WTI oil futures edged towards the $50.00 level, lower by over $1.00/contract while spot Gold tested back below the $1,200/oz, lower by 0.4%”

USD correction lower could be ephemeral – ANZ

Strategist Richard Yetsenga at ANZ believes the greenback could resume its uptrend in the near term...
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