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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Test
Trading news
Back
7 Mar 2025

USD/CAD: US postpones the imposition of tariffs on Canada – OCBC

The United States has once again postponed the imposition of tariffs on Canada until April 2nd. Coupled with the continuous weakening of the US Dollar (USD) and the stabilization of oil prices, the Canadian Dollar (CAD) continued to rise, by 0.30% on Thursday, against the US dollar, OCBC's FX analysts Frances Cheung and Christopher Wong note. 

USD/CAD to trade in a wider range between 1.4194-1.4793

"The temporary tariff deferral only applies to Canadian export products that meet the requirements of the Canada-United States-Mexico Agreement, and approximately 62% of Canadian imported products may still face a 25% tariff." 

"Canada stated that it will not lift the tariffs previously imposed on US goods worth CAD 30 billion but agreed to postpone the second round of retaliatory tariffs worth CAD 125 billion until April 2nd. It is expected that the currency pair will continue to be volatile in the short term, with two-way trades." 

"Pay attention to the trading range of 1.4300-1.4542, and a wider range is between 1.4194-1.4793."

Mar 7, 2025

CAD: Eyes on jobs data after tariff relief – ING

The Canadian dollar rallied yesterday on the US announcement that USMCA-compliant products would be exempt from tariffs until 3 April, ING's FX analyst Chris Turner notes.
Read more Previous
Mar 7, 2025

GBP/USD: Outlook for GBP remains positive – UOB Group

Strong momentum appears to be slowing; Pound Sterling (GBP) is likely to trade in a 1.2850/1.2925 range vs US Dollar (USD).
Read more Next