search

An incredible cashback rate!
40% of the spread!

Join Now

Will Oceania Currencies Fall on the Back of Falling Crude Oil Prices?

Market Report

  1. homeHOME
  2. Market Report
  3. Will Oceania Currencies Fall on the Back of Falling Crude Oil Prices?

Will Oceania Currencies Fall on the Back of Falling Crude Oil Prices?

20.09.2021

Today's Highlights
  1. Canada: Housing Price Index
  2. Germany: Producer Price Index

Last weekend, the three major U.S. stock indices all fell, resulting in a market environment characterized by falling stock prices, rising interest rates, and lower crude oil prices.The fear index (VIX) rose again, surpassing the key 20-point threshold to reach 20.8. The Russell 2000 recovered toward the close and is trading around 2,236.

In the foreign exchange market, the Australian dollar—a commodity-linked currency—is facing resistance to further gains amid falling crude oil prices, and its downward trend continues.The AUD/USD pair has fallen for three consecutive days, dropping from last Friday’s high of 0.731 to 0.723, and has continued to slide sharply during today’s Asian trading session. From a technical perspective, it will be important to closely monitor whether the pair rebounds at its recent low of 0.714.

Apart from the German Producer Price Index at 15:00, the Canadian Housing Price Index at 21:30, and the U.S. NAHB Housing Market Index at 23:30, no other major economic indicators or key speeches are scheduled for today.This week, Chinese markets will be closed through the 22nd for the Mid-Autumn Festival. Additionally, the U.S. FOMC meeting is scheduled for Wednesday, the 22nd; the U.K. interest rate announcement is set for Thursday, the 23rd; and U.S. new home sales data is due on the 24th. We will keep a close eye on price movements at the start of the week while also monitoring trends in crude oil prices.

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 with a particular focus on foreign exchange markets, and he also has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Will the U.S. dollar's rally continue ahead of next week's FOMC meeting?

Next Article

Will this mark a recovery from the global stock market slump?
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 an explanation 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 an interest in this feature.

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 4 hours.

Return to Notification Settings