Mengonfirmasi Anda bukan dari AS atau Filipina

Dengan memberikan pernyataan ini, saya secara tegas menyatakan dan mengonfirmasikan bahwa:
  • Saya bukan warga negara atau penduduk AS
  • Saya bukan penduduk Filipina
  • Saya, secara langsung maupun tidak langsung, tidak memiliki lebih dari 10% saham/hak suara/kepentingan dari penduduk AS dan/atau tidak mengontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berada di bawah kepemilikan langsung atau tidak langsung untuk lebih dari 10% saham/hak suara/kepentingan dan/atau berada di bawah kontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berafiliasi dengan warga negara atau penduduk AS dalam hal Bagian 1504(a) dari FATCA
  • Saya menyadari tanggung jawab saya jika membuat pernyataan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah dependen AS disamakan dengan wilayah utama AS. Saya berkomitmen untuk membela dan membebaskan Octa Markets Incorporated, direktur dan pejabatnya dari klaim apa pun yang timbul akibat atau terkait dengan pelanggaran apa pun atas pernyataan saya.
Kami berkomitmen menjaga privasi dan keamanan informasi pribadi Anda. Kami hanya mengumpulkan email untuk menyediakan penawaran khusus dan informasi penting tentang produk dan layanan kami. Dengan memberikan alamat email, Anda setuju untuk menerima surat tersebut dari kami. Jika Anda ingin berhenti berlangganan atau memiliki pertanyaan maupun permasalahan, silakan hubungi Layanan Pelanggan kami.
Back

US Dollar Index pushes higher, targets 93.00

  • DXY adds to recent gains and approaches 93.00.
  • Yields of the US 10-year note remain depressed near 1.25%.
  • The NAHB index will be the only release later on Monday.

The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main rivals, extends the upside momentum to the vicinity of the 93.00 neighbourhood at the beginning of the week.

US Dollar Index in 3-month tops

The index advances for the third session in a row on Monday and trades at shouting distance from the key barrier at 93.00 the figure.

The move higher in the buck comes despite diminishing US yields, with the 10-year note hovering around the 1.25% area so far.

The persistence of the risk-off sentiment continues to lend wings to the dollar amidst the generalized downside in the risk-associated universe and in spite of Friday’s positive results from US Retail Sales, which demonstrated that the pace of the US recovery still remains solid.

In the docket, the only data release scheduled will be the NAHB Index for the month of July.

What to look for around USD

The recovery in DXY already challenges the key 93.00 barrier, mainly sustained by the resumption of the risk aversion. The positive stance in the index, in the meantime, remains underpinned by the solid pace of the economic recovery, higher-than-expected inflation figures and rising rumours of rate hikes/QE tapering earlier than anticipated.

Key events in the US this week: NAHB Index (Monday) – Building Permits, Housing Starts (Tuesday) – MBA Mortgage Applications (Wednesday) – Initial Claims, Existing Home Sales (Thursday) – Flash July Manufacturing/Services PMI (Friday).

Eminent issues on the back boiler: Biden’s multi-billion plan to support infrastructure and families. US-China trade conflict under the Biden’s administration. Tapering speculation vs. economic recovery. US real interest rates vs. Europe. Could US fiscal stimulus lead to overheating?

US Dollar Index relevant levels

Now, the index is gaining 0.21% at 92.90 and a breakout of 92.93 (monthly high Jul.19) would open the door to 93.00 (round level) and finally 93.43 (2021 high Mar.21). On the other hand, the next down barrier lines up at 92.00 (monthly low Jul.6) followed by 91.51 (weekly low Jun.23) and then 91.37 (200-day SMA).

Gold Price Forecast: XAU/USD to extend its downward correction towards $1,800

Last week, gold settled above $1,810 and registered small weekly gains. However, FXStreet’s Eren Sengezer sees a possible correction to $1,800 as key
Baca selengkapnya Previous

USD/CAD to surge higher towards the 1.3024 mark on a close above 1.2653 – Credit Suisse

A positive start to the week for USD/CAD leaves the pair staging a concerted challenge on the major cluster of resistances at 1.2632/53. Economists at
Baca selengkapnya Next