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

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

AUD/JPY stays near 80.50 post-Aussie data, China PMI awaited

  • AUD/JPY edges higher on Monday in the Asian trading session.
  • AUD remains grounded on improved risk appetite, Chinese data eyed.
  • The Yen pares part of its gain on worsening COVID-19 situation in the home country.

After posting losses in the previous week, AUD/JPY is moving in a close trading band in the Asian session. The cross is struggling near the 84.50 mark and sought some confirmation to trade firmly.

At the time of writing, AUD/JPY is trading at 80.57, up 0.19% for the day.

The Aussie held the multi-day support after falling continuously from the previous month from the high above 85.00. Investors await the Reserve Bank of Australia (RBA) interests rate decision on Tuesday, the market expects that the central bank is likely to maintain its status quo.

In the recent update, the extension of lockdowns in other states in Australia weighed on the prospects of the Australian dollar. New South Wales, remained the hardest-hit state with over fresh 200 news cases on weekend. 

The capital state, Sydney remained in lockdown, Queensland’ southeast extended its lockdown to the end of the week.

It is worth noting that S&P 500 Futures were trading at 4,408, up 0.44% for the day.

On the other hand, the yen remained submissive despite the upbeat economic data. The Jibun Manufacturing PMI revised higher to 53.0 in June.

That said, a slower vaccination rollout program and lockdown restriction kept the currency pressurized.

Investors are waiting for the release of the Chinese Caixin manufacturing Purchase Manager Index (PMI) data to gauge the market sentiment.

 

US Dollar Index Price Analysis: DXY stays defensive below 200-SMA

US Dollar Index (DXY) remains pressured around 92.07 amid Monday’s Asian session. In doing so, the greenback gauge fails to extend Friday’s recovery m
Read more Previous

$1 trillion bipartisan infrastructure bill on Senate floor

The US Senator Sinema says introduces roughly $1 trillion bipartisan infrastructure bill on Senate floor. Sinema's action clears the path for the amen
Read more Next