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.
Octa trading broker
Buka akaun dagangan
Back

AUD/USD retreats from 2-week tops, turns neutral around 0.6170-65 region

  • AUD/USD quickly reversed an early dip to sub-0.6100 level on upbeat Chinese PMIs.
  • The USD benefitted from concerns over coronavirus crisis and capped further gains.

The AUD/USD pair struggled to capitalize on its goodish intraday bounce and quickly retreated around 40-50 pips from two-week tops, levels beyond the 0.6200 round-figure mark.

The pair quickly reversed an early Asian session dip to the 0.6080 region and rallied over 140 pips in reaction to upbeat Chinese macro data, showing a sharp rebound in manufacturing sector activity. In fact, the official Chinese Manufacturing PMI for March surpassed even the most optimistic estimates and jumped back in the expansion territory.

Adding to this, China's Services PMI also bettered market expectations and moved back above the 50 levels and underpinned the China-proxy Australian dollar. This comes on the back of a massive $2.2 trillion US stimulus package, which remained supportive of a further recovery in the global risk sentiment and benefitted perceived riskier currencies, including the aussie.

Despite the latest optimism, persistent worries about the economic fallout from the coronavirus pandemic continued lending some support to the US dollar's perceived safe-haven status. This eventually kept a lid on any strong follow-through gains, rather prompted some selling at higher levels and thus, warrants some caution before placing fresh bullish bets.

Moving ahead, market participants now look forward to the US economic docket – featuring the release of Chicago PMI and Conference Board's Consumer Confidence index – in order to grab some short-term trading opportunities. Meanwhile, the key focus will remain on developments surrounding the coronavirus saga.

Technical levels to watch

 

Indonesia plans to relax budget deficit limit to beyond 3% of GDP to tackle coronavirus crisis

Indonesia plans to relax budget deficit limit to beyond 3% of GDP for three years to allow for more spending on COVID-19 response, the country’s Finan
Baca lagi Previous

EUR/USD: Ubeat technical picture

EUR/USD has been setting higher highs and higher lows, with the recent trough of 1.0980 beating the previous one at around 1.0950. Yohay Elam, an anal
Baca lagi Next