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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
2 Dec 2016

USD/CAD around 1.3300 ahead of key data

The Canadian dollar remains on a firm footing vs. its American neighbor at the end of the week, sending USD/CAD to test the area of 1.3300 for the time being.

USD/CAD focus on data, oil

The post-OPEC rally in crude oil prices has taken the barrel of West Texas Intermediate to fresh tops near the $51.00 mark on Thursday, although easing some ground afterwards and hence removing some tailwind from CAD. Anyway, spot remains firm on its way to close the week with losses, reverting previous gains and navigating the area of 3-week lows at the same time.

Adding to the recent bearish note around the pair, the greenback continues to surrender earlier gains despite recent auspicious releases in the US docket, with the ISM Manufacturing surprising investors to the upside during November.

Later in the day, labour market reports in both Canada and the US will take centre stage along with speeches of FOMC’s L.Brainard and D.Tarullo.

USD/CAD significant levels

As of writing the pair is retreating 0.03% at 1.3312 and a breach of 1.3287 (low Dec.2) would open the door to 1.3260 (low Nov.9) and finally 1.3185 (100-day sma).  On the other hand, the next hurdle aligns at 1.3442 (20-day sma) followed by 1.3542 (high Nov.28) and then 1.3566 (high Nov.18).

 

 

Dec 2, 2016

Brazil Fipe's IPC Inflation declined to 0.15% in November from previous 0.27%

Brazil Fipe's IPC Inflation declined to 0.15% in November from previous 0.27%
Read more Previous
Dec 2, 2016

Japan: Expecting upward revision to Q3 GDP to 2.6% - Nomura

Research Team at Nomura, is forecasting an upward revision to Japanese real GDP growth of 2.6% q-q annualized which is likely to be supported by the u
Read more Next