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
31 Mar 2025

Forex Today: The RBA, US hard data and EMU flash CPI come to the fore

The Greenback regained traction and set aside two daily pullbacks in a row, finding support in the persistent risk-off sentiment as well as the omnipresent tariffs concerns ahead of “liberation day”.

Here is what you need to know on Tuesday, April 1:

The US Dollar Index (DXY) regained composure and advanced to the 104.40 zone on the back of tariff fears and the generalised bearish tone in the risk-linked galaxy. The ISM Manufacturing PMI takes centre stage, seconded by the JOLTS Job Openings, the final S&P Global Manufacturing PMI, Construction Spending, the RCM/TIPP Economic Optimism Index, and the API’s weekly report on US crude oil stockpiles.

EUR/USD could not sustain the early bull run to the 1.0850 zone, easing some ground afterwards and eventually ending the day slightly on the defensive. The final HCOB Manufacturing PMI in Germany and the euro area will be published seconded by the preliminary Inflation Rate in the euro bloc, and speeches by the ECB’s Lane and Lagarde.

GBP/USD added to Friday’s losses, revisiting the 1.2880 zone amid a decent advance in the US Dollar. The Nationwide House Prices are due, ahead of the S&P Global Manufacturing PMI.

USD/JPY dropped to new multi-day lows before staging a strong comeback, reclaiming the 150.00 hurdle and beyond. The Unemployment Rate and the Tankan survey will be published along with the final Jibun Bank Manufacturing PMI.

AUD/USD tumbled to the 0.6230 region, or four-week lows amid tariff concerns and the uptick in the Greenback. The RBA is expected to keep its OCR unchanged at 4.10%, while additional data in Oz will feature Retail Sales, Commodity Prices, and the Ai Group survey.

Prices of the American WTI rose markedly on Monday a decent advance and approached the $72.00 mark per barrel against the backdrop of tariff threats and potential US military action against Iran.

Intense and unabated trade concerns lent extra legs to Gold prices, sending them to all-time peaks past the $3,100 mark per troy ounce. Silver prices fell to two-day lows, revisiting the sub-$34.00 level per ounce.


Mar 31, 2025

US Dollar flat as traders eye PMI and tariff fallout

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades flat on Monday and sees limited directional flow, hovering near 104.30.
Read more Previous
Mar 31, 2025

Gold price blasts through $3,100 as trade war fears ignite safe-haven rush

Gold prints another record high on Monday, surpassing the $3,100 threshold for the first time and extends its gains to an all-time high of $3,127 before retreating somewhat.
Read more Next