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
Trading news
Back
15 Aug 2017

GBP/USD eyes 1.2900 on UK CPI

The British Pound is now depreciating further vs. the buck, relegating GBP/USD to test the area of session lows near the 1.2900 neighbourhood.

GBP/USD offered post-CPI

Cable met a wave of selling order after UK’s inflation figures tracked by the CPI showed consumer prices rose at an annualized 2.6% vs. a forecasted gain of 2.7%. On a monthly basis, prices contracted 0.1%, down from June’s flat reading.

Additional data saw core CPI up 2.4% over the last twelve months, also missing expectations

The pair dropped to fresh 5-month lows following the data releases, opening the door for a potential test/breach of the 1.2900 key support while staying under pressure in light of the UK’s jobs report tomorrow and retail sales on Thursday.

GBP/USD levels to consider

As of writing the pair is flat at 1.2965 facing the next hurdle at 1.3035 (10-day sma) followed by 1.3063 (high Aug.7/10-day sma) and finally 1.3106 (23.6% Fibo of 1.2587-1.3266). On the other hand, a breakdown of 1.2937 (low Aug.11) would open the door to 1.2932 (55-day sma) and finally 1.2859 (100-day sma).

Aug 15, 2017

UK July CPI: A miss on expectations across all indicators

The UK consumer prices stagnated in the month of July, remaining unchanged at 2.6% y/y, the Office for National Statistics (ONS) revealed on Tuesday.
Read more Previous
Aug 15, 2017

EU Commission: ‘We will now study the UK position paper on customs carefully’

Reuters reports headlines from the EU Commission, responding to the UK’s latest Brexit offer for interim customs deal with the EU. Main Headlines: U
Read more Next