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
Berita dagangan
Back
3 Jan 2024

USD/CAD sits near one-week top, eyes US macro data and FOMC minutes for fresh impetus

  • USD/CAD ticks higher for the fifth straight day and draws support from a combination of factors.
  • Weaker Oil prices undermine the Loonie, while doubt over early Fed rate cuts benefits the USD.
  • Traders now look to the US macro data for some impetus ahead of the FOMC meeting minutes.

The USD/CAD pair trades with a positive bias for the fifth successive day on Wednesday and hovers around the 1.3330 area, or over a one-week high during the Asian session.

Easing concerns that tensions in the Red Sea will disrupt supplies, along with weak economic data from top importer China, keep Crude Oil prices depressed near a two-week low. This, along with the Bank of Canada (BoC) Governor Tiff Macklem's recent remarks, saying that the central bank could also start cutting rates sometime in 2024, undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair.

The US Dollar (USD), on the other hand, enters a bullish consolidation phase after recording its biggest daily percentage gains since October on Tuesday amid doubts over early interest rate cuts by the Federal Reserve (Fed). This, along with the overnight sharp move higher in the US Treasury bond yields and the cautious market mood, is seen benefiting the safe-haven Greenback and lending some support to the USD/CAD pair.

Investors now look to the US economic docket, featuring the release of the ISM Manufacturing PMI and JOLTS Job Openings data later during the North American session. The focus, however, will remain on the FOMC meeting minutes, which will be scrutinized for cues about the timing of when the Fed will start cutting rates. This, in turn, will drive the USD demand. Apart from this, Oil price dynamics should influence the USD/CAD pair.

Technical levels to watch

 

Jan 3, 2024

NZD/USD trades firmly above the mid-0.6200s ahead of Chinese PMI

The NZD/USD pair gains ground during the early Asian trading hours on Wednesday.
Baca lagi Previous
Jan 3, 2024

RBA’s internal documents show impact of high rates on households and businesses

Citing the Reserve Bank of Australia’s (RBA) internal documents showing how rising interest rates have impacted households and businesses, Bloomberg said “the private sector wage growth appeared to have stabilized at “around” 4.0%.” Additional takeaways “Domestic tourism demand slipped from high levels.” “Consumers have continued to trade down to cheaper products, or purchased fewer items, due to cost-of-living pressures.
Baca lagi Next