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

US data may reassert strength in the USD – RBS

FXStreet (Barcelona) - According to Greg Gibbs, FX Trading Strategist at RBS, US ADP employment and ISM non-manufacturing data might pour some strength in the dollar but Greece headlines will likely keep the EUR bears away for the time being.

Key Quotes

“There was little news driving US markets overnight, although US vehicle sales were considerably stronger than expected. Total sales rose in seasonally adjusted terms by 7.6%m/m in May to the highest rate since 2005. This should presumably help confidence that household and business spending is back on track in Q2, in part supported by low fuel prices.”

“More attention may be paid to the US ADP employment report due tonight and the ISM for services. There is a chance that this data reasserts strength in the USD.”

“Although positioning in the EUR and caution around recent market volatility and news that is likely to continue to flow forth on Greece suggests that the market will be very wary of selling EUR for the time being.”

European Monetary Union Unemployment Rate came in at 11.1% below forecasts (11.2%) in May

Read more Previous

UK PMIs hint at fairly modest bounce following 1Q GDP – ING

James Knightley, Senior Economist at ING, reviews the UK May services PMI data release and further comments shares the GDP growth forecasts for 2Q15.
Read more Next