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

GBP/USD steady at 1.5630 after PPI

FXstreet.com (London) - GBPUSD had printed a high of 1.5718 and shed over a big figure down to print a low on the day of 1.5616.

GBP/USD steady with more positive US data

GBP/USD is oscillating around 1.5630 currently. Yesterday Jobless Claims decreased to 334K vs 346K while US May Retail Sales (MoM) are up to 0.6% vs 0.1% in Apr. Ex-autos 0.3% vs. -0.1%. There had been a delayed response to the USD friendly outcome, while today, we see May PPI, May industrial production and Michigan confidence for June a little later. TD Securities said for the latter, markets are looking for an unchanged reading of 84.5 after what was already a pretty big jump higher in May. 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%.

GBP/USD caught in bearish tied

Analyst, Axel Rudolph at Commerzbank had said that GBP/USD’s 200d ma resistance area was expected to cap the pair on a daily chart-closing basis. They had suspected that we were trading towards the end of the corrective move higher. Now, he say’s a break below the 1.5490 June 7 low is needed to alleviate immediate upside pressure and would signal a slide back to the 55 day moving average at 1.5344 en route to the base of the channel at 1.5044. He adds that above Thursday’s 1.5736 high lies the 1.5797 200 week moving average and 1.6040, the 78.6% Fibonacci retracement of the down move seen this year.

USD/JPY overtakes 95.00 barrier on robust PPI

The USD/JPY foreign exchange rate jumped higher, paring some of the overnight losses and extending above the 95.00 barrier during US trading.
Read more Previous

EUR/USD steady after US PPI

The EUR/USD showed little reaction even after data showed US producer prices rose ose for the first time in 3 months in May.
Read more Next