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: EUR/USD remains capped by 1.3075

FXstreet.com (Córdoba) - The euro is once again struggling with the 1.3075 resistance area, which has been capping upside attempts this week ahead of the release of the US CPI data.

EUR/USD has risen over 150 pips from yesterday's lows, underpinned by the risk-on tone in financial markets, although it has been unable to overcome the 1.3075 level so far. At time of writing, EUR/USD is trading at 1.3060, recording a 0.4% gain on Friday.

From a technical view, Valeria Bednarik, chief analyst at FXstreet.com, notes that EUR/USD broke above a descendant trendline coming from 1.3710, today at 1.3050. "The pair is still well below the 23.6% retracement of its latest bearish leg, around 1.3100 and immediate resistance. Above this last the pair may extend up to 1.3150/60 static resistance area", says Bednarik. "Back below 1.3020, the upside will be denied, with 1.2950/80 area then back at sight".

Forex: GBP/USD falters around 1.5155/60

The upside in the sterling is running out of steam in the area of 1.5155/60 on Friday, as the buying interest seems to be taking a breather....
Read more Previous

Forex Flash: More LTRO repayment, new Italian Parliament and Cyprus today – TD Securities

From the Euro area today, TD Securities expect another sub €10bn repayment in the 3-year LTROs, “but unless we see a significant upside surprise, the announcement today and over coming weeks is likely to have little market impact”. Also, the new Italian parliament is sworn in today, “where the negotiations toward forming a workable coalition begin”. “The President next week begins to sit down with parties on forming a government and the Chamber of Deputies and Senate discuss naming a President to head each House, so headline risk once again returns, while it is still likely it takes at least two weeks at the earliest before we may get close to forming a government”, wrote analyst Tim Davis.
Read more Next