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

Session Recap: Yen stronger, Aussie weaker, and USD little changed

FXstreet.com (Barcelona) - Local share markets played catch-up with US equities strong reversal, with Nikkei index up near +3%, Hang-Seng +1.12%, Australian ASX +1.62%, while Korean Kospi +0.32%, and Shanghai Composite +0.21%. Gold and Oil barely moved.

Big movers in currencies were Yen strengthening from USD/JPY around 96 to as low as 94.50, while Aussie weakened from around 0.9660 USD to as lows as 0.9580. EUR/USD eased to session lows near 1.3350 from session highs around 1.3380, thus leaving USD index mostly unchanged around DXY 82.70/5.

New Zealand posted positive economic results with better than expected PMI and Food price index, while BoJ minutes disappointed markets somehow, with the central bank noting economy is starting to pick up.

Main headlines in the Asian Session:

Fed watcher Hilsenrath says Fed anywhere near a rate hike

New Zealand Business NZ PMI up to 59.2 in May from 55.2

AUD/JPY trading near 200 day SMA around 92 for 1st time since Oct

Reserve Bank of New Zealand research: Drought will reduce 2013 annual GDP by 0.6%

BoJ Minutes: economy picking up

Japan’s economy minister Amari: Says wants to put Japan economy back on a sound path to growth

USD/JPY knocks on 94.50 session lows

Flash: Broad-based USD gains for H2 - Nomura

The continued volatilit in the FX market this week seem to be related to position unwinding, says Jens Nordvig, FX Strategist at Nomura.
Read more Previous

GBP/USD treading water around 1.57 figure

Cable is last at 1.5701, off NY session and fresh 4-month highs at 1.5738, dealing with 200 day SMA for the first time since it lost it to the downside back by mid January. The pair is up +0.92% for the week so far, ahead of External BOE MPC Member Ian McCafferty speaking in London at 09:50 GMT.
Read more Next