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
23 Jan 2024

EUR/GBP dives to lows since September, eyes on ECB meeting

  • The EUR/GBP slightly recovered to 0.8555 after hitting a low of 0.8545.
  • The ECB meets this Thursday with no policy change expected.
  • The Pound maintains superiority over the Euro due to anticipations of less easing by the BoE in 2024.

In Tuesday's trading session, the EUR/GBP stabilised at 0.8555 after hitting its lowest level since September lows around 0.8545. Weak Consumer Confidence data from the European Commission, weakened the Euro, while the Pound has a slight advantage as markets bet on less easing of the Bank of England (BoE) in 2024.

As for now, the United Kingdom and the Eurozone economies continue to navigate uncertainties with both regions noticing demands for loans and credit dropping in Q4. The British economy is holding somewhat resilient with inflation remaining stubbornly high which is making markets expect less easing by the Bank of England in 2024.

The ECB (European Central Bank) meets on Thursday and President Lagarde might resist market bets on policy easing and maintain a cautious. As for now, investors are forecasting 150 bps of rate cuts in 2024 but the policy statement and Lagarde's tone might affect those odds. Regarding the BoE, its next meeting is due on March 6 and markets are seeing less easing than the ECB, of 125 bps in 2024 which seems to be giving a slight advantage to the Pound over the Euro.

EUR/GBP levels to watch

The indicators on the daily chart reflect the overall bearish sentiment. The Relative Strength Index (RSI) bolsters this viewpoint, as its position is in negative territory with a negative slope, indicating a sustained seller's market.

The Moving Average Convergence Divergence (MACD) histogram tells a similar story as it prints rising red bars.

The Simple Moving Averages (SMAs) align with these previous indicators. It unveils the pair's standing below the 20, 100, and 200-day SMAs, signaling the prevalent strength of the bears in a broader context. It mirrors the uphill struggle that buyers may confront in the short-term scheme.


EUR/GBP daily chart

Jan 23, 2024

A shallower easing path should support the USD via both risk aversion and rates channels – HSBC

A strong start to the year for the US Dollar is set to continue, probably supported by both risk aversion and somewhat higher yields, analysts at HSBC say.
Baca lagi Previous
Jan 23, 2024

Canadian Dollar chained to risk sentiment on Tuesday ahead of midweek BoC rate call

The Canadian Dollar (CAD) is mostly steady on Tuesday as broad-market sentiment dictates the flow of CAD pairs as Loonie traders buckle down ahead of the Bank of Canada’s (BoC) latest rate call and subsequent press conference.
Baca lagi Next