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

EUR/GBP weaker, flirts with the 21-day SMA at 0.8970

  • EUR/GBP trades on the defensive on fresh GBP buying.
  • GBP regains shine on shrinking ‘no deal’ option.
  • UK Public Sector Net Borrowing rose to £6.5 billion in June.

The sharp rebound in the Sterling has forced EUR/GBP to extend the rejection from multi-month peaks in the mid-0.9000s recorded on Wednesday, returning to the 0.8970 area today, coincident with the 21-day SMA.

EUR/GBP focused on UK politics

The British Pound rallied yesterday after the UK Parliament voted in favor of an amendment that prevents the PM to suspend the Parliament and allow the UK to leave the EU without a deal.

GBP came back from the vicinity of yearly lows vs. the greenback following the news, sustaining at the same time the move lower in the European cross to today’s test of the key 21-day SMA in the 0.8970 region.

In the docket, German Producer Prices came in below expectations during June, contracting at a monthly 0.4% and rising 1.2% on a yearly basis. Across the Channel, the UK Public Sector Net Borrowing rose to £6.5 billion during last month and Public Sector Net Cash Requirement climbed to £15.227 billion.

What to look for around GBP

Rising uncertainty in the UK political scenario appears unabated although the likeliness of a Brexit ‘no deal’ scenario appears to have lost some traction following the recent vote in Parliament, in turn morphing in some near term support for the Sterling. In the UK economy, poor results from key fundamentals continue to add to the sour prospects for the economy in the months to come and collaborate further with the bearish view on the currency. On another direction, the overall tone from the BoE appears to have shifted towards a more dovish gear, while markets have started to price in the likeliness of a rate cut at some point in Q3/Q4.

EUR/GBP key levels

The cross is retreating 0.29% at 0.8959 and a break below 0.8919 (low Jul.2) would expose 0.8872 (low Jun.20) and then 0.8864 (55-day SMA). On the upside, the next hurdle aligns at 0.9051 (monthly high Jul.17) seconded by 0.9062 (high Jan.11) and finally 0.9092 (2019 high Jan.3).

Gold consolidates around $ 1440, eyes US data for fresh direction

Gold (futures on Comex) extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454
了解更多 Previous

USD/JPY: Negative bias - Westpac

Robert Rennie, analyst at Westpac, suggests that they have stuck with a more negative bias for USD/JPY for the last few weeks on the basis of the pote
了解更多 Next