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

The case for some appreciation in the AUD this year remains strong – Scotiabank

AUD/USD ended the week just above 0.6500. Economists at Scotiabank analyze the pair’s outlook.

AUD outlook remains constructive

The Reserve Bank of Australia is reluctant to concede that the tightening cycle is over, suggesting that the policy rate will stay elevated for some time to come. Stimulus efforts in China may – eventually – lead to some sustained economic improvement in a key export market for Australia. 

The AUD looks relatively ‘cheap’ among its major currency peers in broad terms and trades below our own short-term, fair value estimate currently. 

Market sentiment remains bearish but aggressive short AUD positioning has eased somewhat from the peaks seen late last year. 

AUD/USD – Q1-24 0.6600 Q2-24 0.6600 Q3-24 0.6800 Q4-24 0.6800

UK economic data releases could unsettle the GBP this week – Rabobank

The Pound Sterling (GBP) has had a good start to the year and is currently the second best performing G10 currency after the US Dollar (USD) in 2024 to date.
Read more Previous

US CPI Preview: Forecasts from 10 major banks, inflation to fall below 3% for first time in nearly three years

The US Bureau of Labor Statistics (BLS) will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Tuesday, February 13 at 13:30 GMT.
Read more Next