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

EUR/USD steady after US PPI

FXstreet.com (Córdoba) - The EUR/USD showed little reaction even after data showed US producer prices rose for the first time in 3 months in May.

EUR/USD unimpressed by data

EUR/USD moved slightly lower as the greenback benefited from higher inflation pressures, which could limit Fed's room for stimulus. However, recent measures of inflation show that inflation is running well below the Fed's 2% year-over-year target, leaving the pair almost unchanged at the 1.3300/05 area, where it records a 0.5% loss on the day.

Having hit a daily low of 1.3298, if EUR/USD continues to fall, next support levels are seen at 1.3265 (Jun 12 low) and 1.3230 (Jun 11 low), while on the other hand, resistances could be found at 1.3390 (Jun 13 high) and 1.3435 (Feb 20 high).

GBP/USD steady at 1.5630 after PPI

For PPI, markets were looking for a 1.4% YoY but data hit the wires printing 1.7% while PPI excluding food and energy came inline with expectations 1.7%.
Read more Previous

US Net Long-Term TIC Flows: $-37.3B in April from $-13.4B in March

Read more Next