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
Test
Back

OPEC taking the stage; Sell bounces - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted forthcoming OPEC meeting next Friday 5th June, being the first since cutting production in November last year.

Key Quotes:

"The OPEC meeting on Friday marks the first official meeting after the group broke with tradition and decided to not support the crude oil price environment by cutting production in November last year."

"At current prices, there is little incentive for the group to cut quota, confirming global oversupply will endure. We have a strong conviction (around 85%) that they leave the quota unchanged, and while that is generally the same conviction as in the market, should result in a modest bearish move as some longs get liquidated."

"Any cut to quota would see a very bullish move in the market, while there also may be some focus on comments from Saudi Oil Minister al-Naimi or new Saudi Aramco Chairman al-Falihif they provide any forward price guidance, which we think they may try to anchor to around $70 bbl for year-end."

"Overall, we look to sell any modest bounces in August-delivery Brent at $64 bbl with target at $59.50 bbl, stop at $65 bbl."

USD/CHF headed for parity - Rabobank

Jane Foley, Senior Currency Strategist at Rabobank noted conditions surrounding CHF.
Read more Previous

FX: CFTC Commitment of Traders Report - TDS

Analysts at TD Securities offered the CFTC Commitments of Traders Report - week ending Tuesday, May 26th for the FX market.
Read more Next