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.
Octa trading broker
Buka akaun dagangan
Back

EUR/USD advances to fresh daily highs above 1.0850 on broad USD weakness

  • Upbeat market mood in American session limits USD's recovery.
  • US Dollar Index inches closer to 101 after rebounding to 101.90.
  • Coming up on Thursday: ECB's Economic Bulleting and US Q4 GDP data.

The EUR/USD pair spent the first half of the day fluctuating around the 1.0800 handle but gained traction during the American session amid a fresh USD-selling wave and touched a daily high of 1.0869. As of writing, the pair was trading at 1.0860, adding 0.67% on a daily basis.

USD struggles to find demand as investors cheer fiscal stimulus deal

The recovering market sentiment after lawmakers in the US reached an agreement on the massive $2 trillion coronavirus emergency stimulus bill makes it difficult for the USD to find demand on Wednesday. The US Dollar Index (DXY), which closed the previous day 0.7% lower, was last down 0.65% on the day at 101.12.

Although the DXY rebounded to 101.90 earlier in the session, sharp upsurge witnessed in Wall Street's main indexes confirmed the upbeat mood limited its upside. Republican Senate Majority Leader Mitch McConnell said the legislation is expected to be finalized on Wednesday. “This is a wartime level of investment into our nation,” McConnell added. 

Meanwhile, the data from Germany showed that the Ifo Business Climate Index slumped to 86.1 in February to miss the market expectation of 87.7. Commenting on the data, "this is the steepest fall recorded since German reunification and the lowest value since July 2009," Ifo President Clemens Fuest noted in a statement and said the German economy could shrink by as much as 20% in 2020.

On Thursday, the European Central Bank will release its monthly Economic Bulletin. Later in the day, weekly Initial Jobless Claims, Goods Trade Balance and Q4 Gross Domestic Product (GDP) data from the US will be looked upon for fresh impetus.

Technical levels to watch for

 

Oil Price Analysis: WTI hovering near multi-year lows, sidelined near $24 a barrel

WTI collapsed violently in the last two months as WTI collapsed to its lowest level since February 2002 near $20 per barrel.
Baca lagi Previous

EUR/JPY Price Analysis: Euro challenges March’s highs and 121.00 figure

EUR/JPY broke to the upside as it is testing the 121.00 handle and the March’s highs while trading above the main daily SMAs.
Baca lagi Next