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

USD/CAD: eyes for 1.36 handle?

Currently, USD/CAD is trading at 1.3519, up 0.44% on the day, having posted a daily high at 1.3524 and low at 1.3434.

Fed Beige Book: Majority of districts said firms expressed positive near-term outlook

USD/CAD has been making tracks to the upside and out of the recent consolidation of the 1.3780 sell-off from the start of May's business. The GDP print for Q1 was a miss at 3.7% vs 3.9% expected annualised Q/Q fueling the upside. "Risk is elevated as market participants consider the growth figures in the context of the BoC’s recent shift in tone, the narrowing output gap and the implications for the July policy decision and MPR forecast update," explained analysts at Scotiabank. From the US, the Beige Book was released but was non-eventful while markets prefer to hold out for the nonfarm payrolls at the end of the week as next major catalyst for the dollar. 

US: Treasury yields fall on last day of month

USD/CAD levels

"The recent consolidation has remained largely confined to the area between two key trend lines—specifically the ascending trend line drawn from the February-April lows (support just above 1.34) and the descending trend line drawn from the December-March lows (resistance around 1.3460), " explained analysts at Scotiabank, adding, "the resolution will be crucial to the near-term path, with risk of a push to either the low 1.33s or the mid-1.35-1.36 area."

Gold jumps to $1274 1-month high

Gold rose further during the American session and broke above $1270. It peaked at $1274.05/oz, the strongest level since April 25. It remains above...
Read more Previous

Indian rupee in the middle of the EM pack - BBH

Analysts at Brown Brothers Harriman explained that the Indian rupee continues to perform in the middle of the EM pack.   Key Quotes: "In 2016, INR f
Read more Next