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

Flash: Fed to sound less dovish but not expected to taper yet - TD Securities

FXstreet.com (Córdoba) - At today's FOMC meeting, the Fed is expected to maintain its accommodative policy stance, with only slight upgrades to the economic assessment provided in the statement, says the TD Securities analyst team.

According to TD analysts, the Fed will issue a relatively less dovish statement and upbeat economic assessment, but how market reacts will be determined in large part by the narrative that develops at the subsequent press conference. "We expect the Chairman to use the conference as a platform for emphasizing the message that the Fed is still easing policy, albeit at a reduced level".

"That said, with the market appearing to be positioned for a September tapering announcement, the price action is not likely to be driven by a tapering signal, but instead by any indications on the size of tapering", TD says. "At the moment, we see the Fed reducing its monthly purchase size by between $10B and $15B. This also seems to be the level of reduction currently being priced into the markets".

European equities record modest gains

The European stock again traded higher Wednesday, modestly rising ahead of the FOMC later today.
Read more Previous

US Dollar Index flat around 80.80

The greenback, in terms of the US Dollar index, is posting meagre gains on Wednesday, following the lack of direction in the markets ahead of the FOMC statement due this evening...
Read more Next