Trader yang Terhormat,

Mulai pada tanggal 1 Januari 2022 dan seterusnya, Vantage akan menggunakan domain baru yaitu

Selama masih aktif, kami mendorong Anda untuk memperbaharui URL bookmark, email address book, hyperlink pemasaran, dan mengunjungi untuk pemberitahuan, konten, promosi, dan dukungan kueri terbaru.

Mohon diperhatikan bahwa per tanggal 1 Februari 2022, tidak akan aktif/online lagi.

Jika Anda memiliki pertanyaan atau memerlukan bantuan dari tim kami, jangan ragu untuk menghubungi kami di [email protected]

Market news

Daily finance news update


Dollar bull’s hopes are high

October 08,2021 06:24:08

Overnight Headlines

*US stocks rose for a third day on a stop gap debt ceiling plan

*USD edged lower as markets await today’s NFP

*Oil climbs on switch from gas and doubts over US releasing reserves

*US 10-year Treasury yields rise to 1.60%, highest since early June

US equities advanced for a third straight day as sentiment was calmed by a temporary increase in the US government’s debt limit until December. This averts a possible default in mid-October but will cause more angst in the build up to December. The Nasdaq led the way up +1.1% and positive sentiment is continuing in Asia. China has reopened in the green after the long holiday. US futures are mixed.

USD has started Friday with a small bid as bond yields move to multi-month highs. EUR/USD is lower for a fourth straight day this morning after a narrow range day yesterday. GBP regained some lost ground from a day earlier. Cable is trading around the August low at 1.3602. USD/JPY is moving higher in tune with higher bond yields. USD/CAD is trying to break down through this week’s range below 1.2573.

Market Thoughts – N.F.P

As always, much focus is on non-farm Friday with consensus expecting a gain of 450k jobs from the 235k increase in August. The unemployment rate is forecast to ease to 5.1% from 5.2% with wage growth rising 0.4% m/m and 4.6% y/y from 0.6% m/m and 4.3% y/y.

Will the headline print pass the Fed taper test? Chair Powell recently said he did not need to see a knockout employment report to pass the test, only a reasonably good one. Economists will be checking to see if employment growth accelerated after benefits expired or there are deeper issues like slowing demand. One issue to note is the next debt ceiling talks that will take place after the November FOMC meeting. Fiscal uncertainty delayed the Fed’s taper plans in 2013.

It seems the bar for tapering is pretty low with a 300k print being seen as enough for the Fed to pull the trigger. Dollar bulls are expectant with a buy on dips mentality on any weakness. An inline report will see EUR/USD sell off. A blockbuster report sees USD/JPY ramp higher too as yields advance north. (Interestingly, they are moving already today, and they say the bond market always leads…)

Chart of the Day – USD/JPY eyeing new highs

USD/JPY has a high correlation with the US 10-year Treasury bond yield. These are rising which in turn is pushing this major closer to 112. Indeed, we can see that the move in yields from 1.30% in mid-September onwards saw USD/JPY break out of its summer range from a low near 109.

We made new highs at the end of last month at 112.07. The pullback after six straight days of gains was held up by support at the August high at 110.80. New highs beckon with an NFP of 600k+ with the first target being the February 2020 top at 112.22 and then the April 2019 peak at 112.40. A major barrier sits around 114. Support below is at 111.65 and 110.80.

Jamie DuttaAnalyst / Trader

"With extensive experience as a full time trader and financial market commentator, I have worked as a trader in top tier investment banks and trading houses, including Morgan Stanley and GAIN Capital trading Forex, Index derivatives. and Bonds. I combine technical analysis with a deep fundamental knowledge to identify trade set-ups. My real life experience allows me to break down the complexities of financial jargon and trading. This means everyone can better understand the compelling forces of greed and fear which are realised every day in countless ways across markets."

Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.


  • Daftar

    Pilih tipe akun dan ajukan aplikasi pendaftaran Anda.

  • Danai

    Danai akun Anda dengan menggunakan beragam cara pendanaan.

  • Perdagangan

    Akses 300+ CFD instrumen pada semua kelas aset di MT4/MT5

Sangat mudah untuk membuka akun trading Forex dan CFD.
Selamat datang dalam semesta trading!