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 extends travel restrictions at Canada, Mexico land borders through July 21

Early Monday morning in Asia, Reuters came out with the latest updates from the US Homeland Security Department, conveyed on Sunday, suggesting the land borders with Canada and Mexico will remain closed to non-essential travel until at least July 21.

“The 30-day extension came after Canada announced its own extension on Friday of the requirements that were set to expire on Monday and have been in place since March 2020 because of the coronavirus pandemic,” adds Reuters.

It should, however, be noted that the US Homeland Security also mentioned, per Reuters, that it noted "positive developments in recent weeks and is participating with other U.S. agencies in the White House’s expert working groups with Canada and Mexico to identify the conditions under which restrictions may be eased safely and sustainably."

FX reaction…

The news should ideally weigh on the market sentiment and add to the safe-haven demand of the US dollar while also negatively affecting the USD/CAD prices.

Read: USD/CAD Weekly Forecast: The long decline ends

US senators haggle over funding of $1 trillion infrastructure compromise

Reuters provided an update over the White House negotiations on US President Joe Biden’s infrastructure and spending plan during the weekend while sug
Read more Previous

USD/JPY remains grounded above 110.20 amid steady USD, risk aversion

USD/JPY continues to move in the upward direction, a trend set in the second week of June. After making a low at 107.47 in late April, the pair is ris
Read more Next