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

Forex: USD/JPY nears daily highs after US housing starts

The dollar advanced versus the yen after the release of US housing starts, as investors are looking past the negative headline number, which showed a 8.5% fall in housing starts last month.

However, underlying figures were positive, as starts for single-family units, representing two-thirds of the total, rose to their highest since July 2008. New building permits up more than expected and December's starts revised higher.

USD/JPY rose back to the 93.75 area but stalled just ahead daily highs that lies around 93.80. At time of writing, the cross is quoting around 93.65, still up 0.1% on the day, having recovered from a low of 93.13.

Forex: EUR/USD back to daily flatness

The EUR/USD found its daily low at 1.3362 just ahead of the publication of US data. US housing building permits rose to 0.925M (more than expected), but housing starts declined to 0.890M (less than expected) in January. US PPI rose from 1.3% to 1.4% (YoY), despite rising less than expected on the month (+0.2% instead of +0.3%).
Read more Previous

Commodities Brief – Precious metals retreat to summer levels ahead of FOMC

Earlier today, Gold Prices sustained a prolonged break below the 1600 region for the first time since mid-August. Ahead of the FOMC later today at 17:00 GMT, the yellow metal has been trading negatively since European trading, operating as low as 1588.25 (session low). At the onset of American trading Gold has recovered the USD $1590.05 level, though an early cessation of $85billion monthly bond purchases in 2013 could drive prices lower.
Read more Next