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

USD/CAD could trade more sustainably above 1.30 into mid-year - Westpac

CAD probably withstands higher yields and a stronger USD better than its dollar bloc peers AUD and NZD, thanks to robust oil prices and BoC hike expectations, but it won’t be completely immune, according to Richard Franulovich, Research Analyst at Westpac.

Key Quotes

“USD/CAD could trade more sustainably above 1.30 into mid-year or at least until such time the BoC feels compelled to adjust their stance and signal imminent hikes (probably no later than mid Q3).”

“Market pricing for BoC hikes has settled at +45bp to year’s end in the wake of last week’s BoC meeting. Yet two +25bp hikes this year are still more likely than not thanks to the still solid underlying growth picture (higher terms of trade, healthier consumer spending/ confidence, fiscal easing). H2 2018 likely more fertile ground for CAD gains.”

EUR/USD hangs near 3-1/2 month lows post-German CPI

   •  German CPI reinforces dovish ECB outlook and keeps EUR on the back-foot.    •  Resurgent USD demand does little to ease the bearish pressure. 
Read more Previous

US: PCE deflators likely to increase by 0.191% in March - Nomura

Incorporating March CPI and PPI data, analysts at Nomura expect a 0.191% m-o-m increase in the US core PCE price index for March after a 0.228% gain i
Read more Next