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 Dollar Index consolidate in the middle of the 96.00/97.00 range – ING

The USD failed to hold on to last week's gains. But with markets aggressively speculating on the size and pace of Fed tightening, the dollar may start stabilising today.

Room for USD stabilisation

“Despite increasing speculation around five Fed hikes in 2022, the dollar did not manage to hold on to last week’s gains, with a rebound in global equities offering a chance for profit-taking after an extended USD rally. We struggle to see this as more than just a position-squaring event, as the ambiguity about the pace and size of the tightening cycle after last week’s FOMC is offering very few obstacles to (USD positive) hawkish speculation on Fed policy.”

“We think the dollar may already start stabilising today, even if another good day for risk assets may keep pro-cyclical currencies supported – which incidentally took the biggest hit last week”.

“DXY could consolidate in the middle of the 96.00/97.00 range, although risks remain tilted to the upside.”

 

USD/INR to unfold an extended pullback on a break below 73.80 – SocGen

The USD/INR rebound has petered out after falling short of the graphical levels of 75.50. Economists at Société Générale note that the pair is at risk
Read more Previous

EUR/USD eyes further gains towards the 1.13 – SocGen

EUR/USD advances for third day on tighter UST/Bund spread. Economists at Société Générale expect the world’s most popular currency pair to head toward
Read more Next