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

GBP off early session low – Scotiabank

Pound Sterling (GBP) is also quiet and extending is recent consolidation around 1.29 ahead of Wednesday’s US tariff announcement, Scotiabank's Chief FX Strategist Shaun Osborne notes. 

GBP is holding within recent ranges

"There have been no fundamental releases or comments from BoE policymakers, leaving market participants squarely focused on sentiment and the market tone. As with EUR (and the ECB), the UK rates markets are pricing about 20bpts of easing for the next BoE meeting on May 8." 

"Policymakers have been shifting toward a more neutral stance and a fade in expectations for BoE cuts should offer some near-term support to GBP. The RSI is flattened out just above 50 (neutral), offering little in terms of momentum. Recent congestion has been centered in the low 1.29s roughly bound between the mid-1.28s and levels just above 1.30."

Singapore Purchasing Managers Index: 50.6 (March) vs previous 50.7

Singapore Purchasing Managers Index: 50.6 (March) vs previous 50.7
Read more Previous

ECB's Holzmann: Rates are at neutral level, no reason to become accommodative

European Central Bank policymaker Robert Holzmann, who dissented to the ECB's decision to cut key rates by 25 basis points after the March meeting, argued on Wednesday that they don't need to become more accommodative, per Reuters.
Read more Next