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/CAD turns flat on the day below 1.32 as BoC leaves policy rate unchanged

  • BoC holds policy rate steady at 1.5% in September meeting.
  • US Dollar Index looks to end the day with modest losses.
  • Trade deficit in Canada continues to shrink.

With the initial reaction to the BoC's interest rate decision and the monetary policy statement, the USD/CAD pair tested the 1.32 handle but failed to break above that level. As of writing, the pair was virtually unchanged at 1.3190.

As expected, the Bank of Canada announced that decided to keep its policy rate unchanged at 1.5%. The policy statement highlighted that the bank saw elevated trade tensions as a key risk to the global outlook and it was following NAFTA developments closely due to their potential impact on the inflation outlook. Earlier in the day, the data released by Statistics Canada revealed that the trade deficit in July fell to $114 million from $743 million in June. On the other hand, the trade deficit of the U.S. increased to $50.1 billion in July from $45.7 billion in the previous month.

"The language sets up the Bank for a hike at the next meeting but we think that the market has priced in much of this already; USDCAD should continue to trade in the 1.30 to 1.35 range, suggesting to establish fresh longs towards the lower end of the range," TD Securities analysts said assessing today's policy statement.

In the meantime, St. Louis Fed President James Bullard repeated that the inflation and the flattening yield curve indicated that the monetary policy was neutral and the Fed could hold off on further rate hikes. Later in the US afternoon, regional Fed presidents Bostic, Williams, and Kashkai will also be delivering speeches. The US Dollar Index, which tracks the greenback against a basket of six major currencies, was last down 0.25% on the day at 95.18.

Technical levels to consider

The pair could encounter the first technical support at 1.3155 (daily low) ahead of 1.3080 (50-DMA) and 1.3000 (psychological level). On the upside, resistances are located at 1.3200/05 (psychological level/daily high/Sep. 4 high), 1.3290 (Jul. 19 high) and 1.3385 (Jun. 27 high).

 

 

 

USD/CAD Technical Analysis: Still bullish above 1.3200 figure

USD/CAD 4-hour chart Spot rate:                   1.3189 Relative change:        0.01%  High:                          1.3208 Low:              
Baca lagi Previous

Even-keel tone from Governor Poloz - RBC

Josh Nye, Senior Economist at  Economics Department of RBC Financial Group explained that Canada's economic data over the summer were strong enough to
Baca lagi Next