Confirming you are not from the U.S. or the Philippines

Dengan memberikan pernyataan ini, saya mengaku dan mengesahkan bahawa:
  • Saya bukan seorang warganegara atau pemastautin A.S.
  • Saya bukan warga Filipina
  • Saya tidak memiliki secara langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah pemastautin A.S. dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berada di bawah pemilikan langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berafiliasi dengan warganegara atau pemastautin A.S. dalam terma Bahagian 1504(a) FATCA
  • Saya menyedari akan liabiliti saya kerana membuat pengakuan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah bergantung A.S. adalah sama dengan wilayah utama A.S. Saya memberi komitmen untuk mempertahan dan tidak mempertanggungjawabkan Octa Markets Incorporates, pengarah dan pegawainya terhadap sebarang sebarang tuntutan yang timbul dari atau berkaitan dengan sebarang pelanggaran pernyataan saya ini.
Kami komited terhadap privasi anda dan keselamatan maklumat peribadi anda. Kami hanya mengumpul e-mel untuk memberi tawaran istimewa dan maklumat penting tentang produk dan perkhidmatan kami. Dengan memberikan alamat e-mel anda, anda bersetuju untuk menerima surat sedemikian daripada kami. Jika anda ingin berhenti melanggan atau ada sebarang soalan atau masalah, tulis kepada Sokongan Pelanggan kami.
Back

USD/JPY bulls looking to build on momentum beyond 110.00 mark

   •  Escalating global trade war fears fail to push it through Friday’s low.
   •  Bulls seemed to track a goodish pickup in the US bond yields.
   •  Risk-on mood weighs on JPY and provides an additional boost.

The USD/JPY pair reversed a weekly bearish gap, with bulls now trying to build on the momentum back above the key 110.00 psychological mark.

The US Dollar continues to be weighed down by increasing risk of a full-blown global trade war, especially after the US President Donald Trump withdrew from the endorsement of the joint G7 statement, which led to the weekly bearish gap opening on Monday. 

The pair, however, regained positive traction and seemed to track a goodish pickup in the US Treasury bond yields. In fact, the benchmark 10-year yield rose around 3bps points to 2.966% and remained supportive of the strong bid tone surrounding the major. 

This coupled with a positive opening across European bourses further weighed on the Japanese Yen's safe-haven appeal and provided an additional boost to the pair's ongoing up-move of over 70-pips from an intraday low near the 109.30 region.

It would now be interesting to see if the bullish momentum is strong enough or once again fizzles out near the very important 200-day SMA hurdle as focus shifts to this week's key event risk on Wednesday - the latest FOMC monetary policy decision and updated economic projections. 

Technical outlook

Valeria Bednarik, FXStreet's own American Chief Analyst writes: "The pair has room to extend its advance now up to the 110.10/20 region. Seems unlikely the pair could break above this region in a risk-averse environment, but if it does, there's room for an extension up to 111.20/60 during the upcoming sessions. An immediate support comes at 109.50, followed by the low set last Friday at 109.19."

US Dollar stays on the defensive near 93.40

Tracked by the US Dollar Index (DXY), the greenback is giving away part of last Friday’s gains and is now meandering in the 93.50/45 band. US Dollar
Baca lagi Previous

US-North Korea summit in focus this week – Nomura

US President Donald Trump and North Korea leader Kim Jong-un are scheduled to hold a summit on 12 June in Singapore and is likely to be the most impor
Baca lagi Next