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 retreats after Friday’s rally

FXStreet (Córdoba) - After retesting recent highs Friday and going through a consolidation phase following disappointing Canadian jobs data, the USD/CAD came under mild pressure Monday ahead of the New York opening.

The USD/CAD was once again capped by the 1.0985 area Friday as the pair continues to lose momentum in every approach to the 1.1000 area. The USD/CAD has dipped to a daily low of 1.0959 in recent dealings and it is currently trading at 1.0965, a few pips below its opening price.

The only data to note today will be the release of Canadian housing starts for July at 12:15 GMT and a couple of bill auctions in the US at 15:30 GMT.

USD/CAD technical levels

As for technical levels, if the USD/CAD breaks below 1.0960, next supports are seen at 1.0908 (Aug 8 low), 1.0898 (23.6% Fibo of 1.0619/1.0985) and 1.0874 (100-day SMA). On the flip side, resistances could be found at 1.0983/85 (Aug 8 & 6 highs) and the important 1.1000 (psychological level).

AUD/USD to remain under pressure - UBS

The UBS analyst team commented that last week rise in Australian jobless rate will likely reinforce the Reserve Bank of Australia’s dovish tone, and keep the AUD under pressure.
Read more Previous

EUR/USD keeps sub-1.3400 levels

The single currency remains below the 1.3400 handle on Monday, with the EUR/USD now bouncing off session lows around 1.3380...
Read more Next