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
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
5 Feb 2025

BoE expected to cut 25bps Thursday – Scotiabank

Final January UK PMI data were revised lower but both Services and Composite activity remained in expansion territory (at 50.8 and 50.6 respectively), Scotiabank's Chief FX Strategist Shaun Osborne notes. 

GBP firmer through low 1.25s

"The Pound Sterling (GBP) gains are stretching a little ahead of most of its G10 peers on the day so far. Thursday’s BoE policy decision is widely expected to result in a 25bps cut and signs that more cuts are coming." 

"The technical 'damage' to the pound inflicted by the weekend volatility in the USD was less severe than some of its peers and Cable’s improvement from Monday’s low suggests the strengthening in the pound’s technical tone that was developing in late January is getting back on track." 

"Spot is trading at a minor new cycle high today, holding gains above its 40-day MA and bear trendline resistance in place since late September. Cable may push on to 1.26001/0. Support is 1.2490/95 and 1.2400/10."

Feb 5, 2025

US ADP private sector employment rises 183,000 in January vs. 150,000 expected

Private sector employment in the US rose 183,000 in December and annual pay was up 4.7% year-over-year, the Automatic Data Processing (ADP) reported on Wednesday.
Read more Previous
Feb 5, 2025

Canada Exports climbed from previous $66.11B to $69.46B in December

Canada Exports climbed from previous $66.11B to $69.46B in December
Read more Next