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

USD/CHF aims to regain 0.9500 amid downbeat risk profile, Swiss GDP eyed

  • USD/CHF prints three-day uptrend as sour sentiment underpins US Dollar.
  • China-linked woes join pre-data anxiety to favor USD/CHF bulls.
  • Swiss Q3 GDP, Fed Chair Powell’s speech and US NFP are the key calendar events.
  • Headlines surrounding China are also important for clear directions.

USD/CHF retreats from intraday high but stays on the bull’s radar for the third consecutive day, near 0.9465 heading into Monday’s European session. In doing so, the Swiss Franc (CHF) pair portrays the market’s risk-off mood ahead of the key data/events scheduled for publishing this week.

Although alleged defense from Chinese authorities to safeguard equities appeared to trigger the USD/CHF pair’s latest pullback, the broad risk-aversion wave, due to the Covid fears, seems to keep the pair buyers hopeful. That said, the record-high daily virus infections from China and the protests to ease the Zero-Covid policy seemed to challenge the market sentiment of late.

On the other hand, the cautious mood ahead of Switzerland’s third quarter (Q3) Gross Domestic Product (GDP), expected to grow by 1.0% YoY versus 2.8% prior growth, also seemed to have favored the USD/CHF bulls of late.

Elsewhere, hopes that Federal Reserve Chairman Jerome Powell may sound hawkish during his firmer publish appearance since the November meeting, while also signaling the easy rate hikes, appear to have offered additional strength to the USD/CHF bulls.

Furthermore, a record high online shopping by US citizens on Black Friday favored the US Dollar to pare recent losses. “US shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation and grabbed steep discounts on everything from Smartphones to toys,” mentioned Reuters.

Against this backdrop, US stock futures are down 0.70% intraday and the key Treasury bond yields also extend the latest south-run.

Given the recent risk-off mood, the USD/CHF may remain firmer unless the Swiss GDP offers a positive surprise.

Technical analysis

A clear upside break of the two-week-old descending trend line, around 0.9450 by the press time, keeps the USD/CHF bulls hopeful of visiting the 200-DMA hurdle of 0.9636.

 

Gold Futures: A deeper pullback appears out of favour

Open interest in gold futures markets extended the downtrend for yet another session on Friday, this time shrinking by nearly 4K contracts according t
Baca lagi Previous

Crude Oil Futures: Scope for further decline

CME Group’s flash data for crude oil futures markets noted traders added just 715 contracts to their open interest positions at the end of last week,
Baca lagi Next