确认您不是来自美国或菲律宾

在此声明,本人明确声明并确认:
  • 我不是美国公民或居民
  • 我不是菲律宾居民
  • 本人没有直接或间接拥有美国居民10%以上的股份/投票权/权益,和/或没有通过其他方式控制美国公民或居民。
  • 本人没有直接或间接的美国公民或居民10%以上的股份/投票权/权益的所有权,和/或受美国公民或居民其他任何方式行使的控制。
  • 根据FATCA 1504(a)对附属关系的定义,本人与美国公民或居民没有任何附属关系。
  • 我知道做出虚假声明所需付的责任。
就本声明而言,所有美国附属国家和地区均等同于美国的主要领土。本人承诺保护Octa Markets Incorporated及其董事和高级职员免受因违反本声明而产生或与之相关的任何索赔。
我们致力于保护您的隐私和您个人信息的安全。我们只收集电子邮件,以提供有关我们产品和服务的特别优惠和重要信息。通过提交您的电子邮件地址,您同意接收我们的此类信件。如果您想取消订阅或有任何问题或疑虑,请联系我们的客户支持。
Back

GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns

  • GBP/USD strengthened as the US Dollar struggled following Moody’s Rating downgrade of the US credit rating from Aaa to Aa1.
  • The Greenback struggles as inflation indicators like the Consumer Price Index and the Producer Price Index suggest easing price pressures.
  • Traders await Wednesday’s UK CPI report for clues about the Bank of England’s next policy moves.

GBP/USD continues its upward momentum for the second consecutive session, hovering near 1.3360 during Asian trading hours on Tuesday. The Pound Sterling (GBP) is strengthening as the US Dollar (USD) softens in response to Moody’s Ratings downgrading the US credit rating from Aaa to Aa1.

This downgrade echoes similar actions by Fitch Ratings in 2023 and Standard & Poor’s in 2011. Moody’s now anticipates that US federal debt will rise to approximately 134% of GDP by 2035, up from 98% in 2023, while projecting the federal budget deficit to widen to nearly 9% of GDP. The downgrade reflects concerns over surging debt-servicing costs, growing entitlement spending, and declining tax revenues.

Last week’s US economic data added to pressure on the greenback, with inflation indicators such as the Consumer Price Index (CPI) and Producer Price Index (PPI) suggesting easing price pressures. These trends have boosted expectations for further Federal Reserve rate cuts in 2025. Additionally, weaker-than-expected US Retail Sales figures have intensified worries about prolonged economic sluggishness.

Looking ahead, investors are turning their focus to the United Kingdom’s (UK) April CPI report, due Wednesday, for insight into the Bank of England’s (BoE) policy trajectory. The core CPI – which excludes food, energy, alcohol, and tobacco – is forecast to rise by 3.6% year-over-year, slightly above the previous reading of 3.4%.


USD/INR gathers strength on bets for more RBI rate cuts

The Indian Rupee (INR) weakens on Tuesday. Consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate cutting cycle. This, in turn, undermines the Indian currency.
了解更多 Previous

Gold price seems vulnerable above $3,200 amid possible Russia-Ukraine ceasefire

Gold price meets with a fresh supply during the Asian session on Tuesday and reverses the previous day's move higher on the back of the upbeat market mood.
了解更多 Next