Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

Flash: Thoughts on Tapering - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that the dollar continued to consolidate against the majors on Tuesday and put in a mixed performance, strengthening against the GBP but ending a touch lower against the EUR.

He sees that the pound however was the mover of the day with the pair collapsing below 1.5200 and then 1.5150 on the back of softer than expected inflation figures. Meanwhile, comments from the Fed’s Bullard and Dudley comments were less hawkish than the commentary from his colleagues over the past week, tempering broad USD strength. Looking ahead, Ng notes that some mid-week volatility may be in store with the BOJ MPC (press conference to be scrutinized) and Bernanke’s testimony to Senate (1400 GMT) later today.

Regarding the latter, he writes, “Our base case remains for the Fed chairman to remain largely non-committal. Although this may see the dollar stall temporarily, it would unlikely completely diffuse market expectations of an eventual tapering of asset purchases.” In addition, he notes that FOMC minutes (1800 GMT) are also on tap today, potentially an added event risk for the dollar although he thinks the immediacy of Bernanke’s rhetoric may still dominate.

Flash: Sharp rise in JGB yields despite BOJ easing is cause for concern - Nomura

Richard Koo, Chief Economist at the Nomura Research Institute notes that the rise in Japanese government bond yields that began a week ago last Friday has been attributed to a number of factors.
Read more Previous

Flash: USD strength derives from anticipations of Fed Tapering - DBS Group

DBS Group analysts note that the US dollar has been strong this month on speculation that the Federal Reserve may taper asset purchases as early as this summer.
Read more Next