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/JPY consolidates in a range above mid-109.00s

  • A combination of factors failed to provide any meaningful impetus to USD/JPY on Monday.
  • The worsening COVID-19 situation and the risk-on impulse undermined the safe-haven JPY.
  • A subdued USD price action kept a lid on any meaningful gains, at least for the time being.

The USD/JPY pair struggled to capitalize on Friday's modest bounce from near two-week lows and seesawed between tepid gains/minor losses on the first day of a new week. The pair was last seen hovering in the neutral territory, around the 109.65 region heading into the European session.

The worsening COVID-19 situation in Japan, along with a generally positive tone around the equity markets undermined the safe-haven Japanese yen. This, in turn, was seen as a key factor that extended some support to the USD/JPY pair, though a modest US dollar weakness capped the upside.

In the latest developments, Japan's COVID-19 infections surged to record highs, forcing the government to declare a state of emergency in six areas, including the capital city of Tokyo. That said, a run of stellar USD corporate earnings remained supportive of the risk-on impulse in the markets.

Despite the supporting factors, the USD/JPY pair lacked bullish conviction. Expectations that the Fed will retain its ultra-lose monetary policy stance for a longer period continued acting as a headwind for the USD and kept a lid on any meaningful gains for the USD/JPY pair, at least for now.

Market participants now look forward to the US economic docket, highlighting the release of the ISM Manufacturing PMI later during the early North American session. This, along with the broader market risk sentiment will influence the USD/JPY pair and allow traders to grab short-term opportunities.

Technical levels to watch

 

FX option expiries for August 2 NY cut

FX option expiries for August 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1800 758m 1.1900 1.4b - USD/JPY:
Baca lagi Previous

Natural Gas Futures: Positive stance looks unchanged

Advanced prints from CME Group for natural gas futures markets showed open interest dropped by more than 15K contracts on Friday after two daily build
Baca lagi Next