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 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.
Back

USD/INR takes the bids to 71.75 ahead of India GDP

  • USD/INR holds firm amid trade-led risk-on ahead of key growth data from India.
  • The US second-tier data and trade/political news will also entertain investors.

Despite failing to rise beyond the yearly top, flashed early-week, USD/INR remains positive while trading near 71.75 ahead of the Europe markets open on Friday.

The underlying sentiment recently gained momentum as the US-China trade war seems to near a breakthrough after China stepped back from fresh levies ahead of the September meeting. Also adding to the optimism is risk-on mood amid the Asian equities and recovery of the US Treasury yields.

However, buyers are still worried near 10-month high as forecasts concerning India’s Gross Domestic Product (GDP) figures for Q2 19 (Q1 FY 19/20) flash downbeat signals.

TD Securities anticipate further slowdown in Indian GDP figures to a 5.6% y/y (market expectations 5.7%) figure following a 5.8% y/y increase in the previous quarter. Additionally, global rating agency Fitch also downgraded the Asian economy’s growth forecast for the year 2019/20 to a six-year low of 6.7% versus previous expectations of 7.3%.

Other than Indian GDP, second-tier data like Personal Income/Consumption, Chicago Purchasing Managers’ Index and Michigan Consumer Sentiment Index from the United States (US) could also direct near-term USD/INR moves. Also in the spotlight will be any news/headlines concerning the US-China trade relations.

Technical Analysis

While 21-day simple moving average (DMA) level of 71.30 acts as immediate support before drawing traders’ attention to 71.00, an upside clearance of 72.38 will extend pair’s run-up to December 2018 high near 72.82.

Forex Today: Trade optimism and some Brexit calm ahead of a packed day

Here is what you need to know on Friday, August 30: - Markets are calm and optimistic about a resolution on trade after China hinted it may wait befor
Baca lagi Previous

EUR/USD has just one support line left before 1.1000 – Confluence Detector

EUR/USD has been retreating from the highs as hawkish comments from a member of the European Central Bank only lifted the currency pair temporarily. E
Baca lagi Next