Confirming you are not from the U.S. or the Philippines

Ao fornecer esta declaração, declaro e confirmo explicitamente que:
  • Não sou um cidadão nem residente nos EUA
  • Não sou residente nas Filipinas
  • Não possuo, direta ou indiretamente, mais de 10% de ações/direitos de voto/juros dos residentes dos EUA e/ou não controlo cidadãos ou residentes dos EUA por quaisquer outros meios
  • Não tenha propriedade, direta ou indireta, de mais de 10% de ações/direitos de voto/juros e/ou controlo cidadãos ou residentes dos EUA exercidos por outros meios
  • Não sou afiliado de cidadãos ou residentes dos EUA nos termos da Secção 1504(a) da FATCA
  • Tenho consciência da minha responsabilidade por prestar declarações falsas.
Para efeitos da presente declaração, todos os países e territórios dependentes dos EUA são equiparados de igual modo ao território principal dos EUA. Comprometo-me a defender e a considerar isenta a Octa Markets Incorporated, os seus diretores e oficiais relativamente a quaisquer reivindicações que surjam ou estejam relacionadas com qualquer violação da minha declaração no presente documento.
Dedicamo-nos à sua privacidade e à segurança das suas informações pessoais. Coletamos e-mails apenas para fornecer ofertas especiais e informações importantes sobre nossos produtos e serviços. Ao enviar seu endereço de e-mail, você concorda em receber nossas cartas. Se desejar cancelar a assinatura ou tiver alguma dúvida ou preocupação, entre em contato com o nosso Suporte ao Cliente.
Octa trading broker
Abrir conta de negociação
Back

AUD/USD soars to 0.6718 amid catastrophic SVB bank collapse

  • The AUD/USD currency pair starts the week positively, trading at 0.6716 at the press time, up by 2.11% on the day.
  • Technical indicators, such as the daily 20-SMA and 50-SMA, suggest a potential bullish outlook for AUD/USD.
  • SVB banking catastrophe’s ripple effects and the consequences of the Fed’s rate hike decision support the pair.

Daily price movements:

AUD/USD currency pair opens the first day of a new week at 0.6575, with an intraday high of 0.6718 and a low of 0.6577. The pair trades at 0.6716 at the press time, up by 2.11% on the day, just below Monday’s ATH price.

The recent issues with Silicon Valley Bank (SVB) and Signature Bank have highlighted the vulnerable state of US banks, which has dampened expectations for additional interest rate increases from the Federal Reserve (Fed). As a result, Goldman Sachs now predicts a delay in rate hikes in March, and the Fed Fund futures (*) have reduced the likelihood of a 0.50% increase in the Fed rate.

Consequently, the US Dollar Index (DXY) has fallen to its lowest level in a month, trading near 103.60 at the press time.

* Fed Fund futures directly reflect collective marketplace insight regarding the future course of the Federal Reserve's monetary policy. (Source: CME Group’s website)

Key economic events:

Investors will be closely watching the US Consumer Price Index (CPI) (excluding Food and Energy) data for February, set to be released on Tuesday, to gain a better understanding of potential Federal Reserve (Fed) actions on the pace of interest rate increases, which could impact the strength of the US Dollar.

Additionally, both the Employment Change s.a. (Feb) and Unemployment Rate s.a. (Feb) released by the Australian Bureau of Statistics on Thursday will be the key economic events for AUD this week.

Technical view:

Technical indicators suggest a potential bullish outlook for the AUD/USD in the short term. The 20-day SMA and 50-day SMA are at 0.6777 and 0.6885, respectively, indicating a possible bullish trend. The daily 38.2% Fibonacci level is at 0.6593, with the 61.8% Fibonacci level at 0.6611. The RSI(14) is at 44.516, indicating potential bullish momentum. Resistance levels for AUD/USD are at 0.6623, 0.6670, and 0.6699, while support levels stand at 0.6547, 0.6517, and 0.6471. The daily pivot point is at 0.6594.

 

JPY and EUR to benefit, but NZD and AUD will be the biggest winners of a 1990s-style mild recession – SocGen

If the economy slips into a mild – but still traumatic – recession, the Yen will benefit, and so will the Euro, but the biggest winners may be the NZD
Leia mais Previous

Gold Price Forecast: XAU/USD to soar in the coming quarters, reaching $2,000 by year-end – ANZ

Strategists at ANZ Bank are raising Gold forecasts. They see limited downside, with a 0-3 month target of $1,800. Meanwhile, they have lifted their ye
Leia mais Next