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.
Batal Sahkan
Kami berdedikasi 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.
Sahkan
Octa trading broker Daftar Log masuk
Octa trading broker
Buka akaun dagangan
Berita dagangan
Back
10 Mar 2023

AUD/USD recovers early lost ground to fresh YTD low, climbs back to 0.6600 amid weaker USD

  • AUD/USD reverses an intraday dip to a fresh YTD low amid the ongoing USD retracement slide.
  • Reduced bets for a 50 bps Fed rate hike in March and falling US bond yields weigh on the buck.
  • The risk-off mood might cap gains for the risk-sensitive Aussie ahead of the key US NFP report.

The AUD/USD pair attracts some buyers near the 0.6565 region on Friday and recovers early lost ground to a fresh four-month low. Spot prices climb back closer to the 0.6600 round-figure mark during the early European session and draw support from some follow-through US Dollar selling.

In fact, the USD Index, which tracks the Greenback against a basket of currencies, retreats further from a three-month high amid reduced bets for more aggressive policy tightening by the Federal Reserve. Data released on Thursday showed a larger-than-expected rise in the US Weekly Jobless Claims and was seen as the first sign of a softening labor market. This forced investors to reassess the possibility of a  50 bps lift-off at the upcoming FOMC meeting on March 21-22, which is evident from the ongoing downfall in the US Treasury bond yields and continues to weigh on the buck.

That said, the prevalent risk-off environment lends some support to the safe-haven Greenback and could keep a lid on any meaningful upside for the risk-sensitive Australian Dollar. The market sentiment remains fragile amid concerns about economic headwinds stemming from rapidly rising borrowing costs. Adding to this, the recent softer Chinese macro data dashed hopes for a strong recovery in the world's second-largest economy and further fueled recession fears. This is reinforced by a deepening of the yield curve and tempers investors' appetite for perceived riskier assets.

Apart from this, the Reserve Bank of Australia's (RBA) dovish shift earlier this week, signalling that it might be nearing the end of its rate-hiking cycle, might contribute to capping gains for the AUD/USD pair. Traders might also prefer to move to the sidelines ahead of the release of the closely-watched US monthly jobs data,  due later during the early North American session. The popularly known NFP report will play a key role in influencing the Fed's policy outlook, which, in turn, will drive the USD demand and help determine the near-term trajectory for the major.

Technical levels to watch

 

Mar 10, 2023

FX option expiries for Mar 10 NY cut

FX option expiries for Mar 10 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0500 1.5b 1.0525 1.4b 1.0550 1.5b 1
Baca lagi Previous
Mar 10, 2023

Too much Yen weakness would not be justified – Commerzbank

Bank of Japan left its ultra-loose monetary policy unchanged at the last meeting of Governor Kuroda. The Yen weakened slightly. But too much weakness
Baca lagi Next