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
24 Feb 2025

USD is trading steady on the day – Scotiabank

The US Dollar (USD) is little changed in quiet trade. Overnight price action saw the Euro (EUR) advance in response to the anticipated win for the center-right in Germany’s federal election but the result was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.

USD steady in quiet trade

"The JPY retains a firm tone, pushing the USD below the 150 line, while the GBP remains relatively firm in the low 1.26s. US equity futures are trading in the green, reversing Friday’s hefty losses, but US markets have underperformed in recent weeks as investors await clarity in US tariff policy, allowing foreign markets—especially European—to forge ahead which may undermine demand for the USD to some extent."

"It’s a relatively quiet start to the week in terms of data reports and most attention will likely fall on Friday’s Personal Income and Spending plus the associated PCE deflator for January. The core PCE is expected to rise 0.3% in the month and 2.6% in the year, down slightly from December’s 2.8%."

"Slow progress on restoring price stability will underscore the Fed’s 'on hold' messaging. Better than expected data won’t change that outlook much. Higher than expected core PCE data might prompt markets to think a bit harder about how long the Fed pause will last, however."

Feb 24, 2025

Mexico 1st half-month Core Inflation: 0.27% (February) vs previous 0.28%

Mexico 1st half-month Core Inflation: 0.27% (February) vs previous 0.28%
Read more Previous
Feb 24, 2025

EUR firms briefly on German election – Scotiabank

The German federal election result yielded the expected shift to the right—a win for the conservative CDU/CSU and gains for the far-right AfD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Read more Next