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

USD/JPY: Consolidate, sell rallies – OCBC

USD/JPY fell, tracking the moves in UST yields, post Fed official Waller’s comments. Pair was last at 149.81 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

BoJ is likely to proceed with another hike

“Bearish momentum on daily chart intact while RSI shows signs of turning higher from near oversold conditions. Rebound risks not ruled out in the near term. Resistance at 151.20, 152 (200 DMA), 153.30/70 levels (61.8% fibo retracement of 2024 high to low, 21DMA). Support at 149.50, 149 levels (100 DMA). Broader bias remains to lean against strength.”

“Price-related data (Tokyo CPI, PPI, etc.), labour market development (jobless rate easing, job-to-applicant ratio increasing, etc.), wage growth expectations (PM Ishiba and trade unions calling for another 5-6% wage increase at shunto wage negotiations for 2025) and Ueda's recent comments on Nikkei over the weekend continue to reinforce the view that BoJ is likely to proceed with another hike, sooner rather than later.”

“But near term, in light of US data risks, pair may consolidate for now.”

Spain 12-Month Letras Auction: 2.207% vs previous 2.61%

Spain 12-Month Letras Auction: 2.207% vs previous 2.61%
Read more Previous

USD/JPY: USD may continue to decline – UOB Group

The US Dollar (USD) is expected to trade in a range, probably between 149.00 and 150.50.
Read more Next