search

An incredible cashback rate!
40% of the spread!

Join Now

Caution Over Further Declines in the U.S. Dollar?

Market Report

  1. homeHOME
  2. Market Report
  3. Caution Over Further Declines in the U.S. Dollar?

Caution Over Further Declines in the U.S. Dollar?

04.08.2021

Today's Highlights
  1. UK Services PMI (Final Reading)
  2. Retail Sales in Europe

In yesterday’s stock market, major U.S. indices rose, leading to a trading session characterized by higher stock prices, lower crude oil prices, and flat interest rates. U.S. June manufacturing orders released yesterday showed a 0.9% increase in durable goods and a 0.7% increase in non-defense capital goods excluding aircraft, marking the second consecutive month of growth and indicating strong demand.WTI crude oil fell sharply, briefly dipping below the key $70 level to $69.2, but is currently trading around $70.3.

With the yield on the 10-year U.S. Treasury note falling below 1.2% and trading sideways in the 1.17% range, the U.S. dollar continues to face resistance on the upside, while the GBP/USD pair has risen slightly and is currently trading around 1.392.The AUD/USD pair is also forming an upward-sloping flag on the 4-hour chart and is currently trading around 0.739.

Today’s economic indicators include the UK Services PMI (final reading) at 17:30, Eurozone retail sales at 18:00, the U.S. MBA Mortgage Applications Index at 20:00, U.S. ADP National Employment Report at 21:15, Canadian housing permits at 21:30,22:00: Remarks by U.S. St. Louis Fed President Bullard; 22:45: U.S. Services PMI (final reading);U.S. ISM Non-Manufacturing PMI and remarks by U.S. Federal Reserve Vice Chair Clarida at 11:00 p.m., and U.S. weekly crude oil inventories at 11:30 p.m. are scheduled for release. We will be watching closely to see if any trends emerge in currency strength and weakness midway through the week.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Market Participants on Alert Over Remarks by a Fed Governor During U.S. Trading Hours?

Next Article

All eyes are on the U.S. dollar ahead of tomorrow's U.S. employment report
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings