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

NY Fed: Year-ahead expected inflation drops to 4.2% in Febuary from 5% in January

The Federal Reserve Bank of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation dropped to the lowest level since May 2021 at 4.2% in February, compared to 5% in January.

Further details of the publication showed that the three-year ahead expected inflation remained unchanged at 2.7% and the five-year ahead expected inflation edged higher to 2.6% from 2.5%.

Finally, the year-ahead expected earnings growth held steady at 3%.

Market reaction

The US Dollar stays on the back foot after this report and the US Dollar Index was last seen losing 1% on the day at 103.60.

Significant upside inflation surprise required to trigger a USD rebound – MUFG

The US Dollar has continued to weaken sharply. A big upside surprise in the US Consumer Price Index (CPI) report due out tomorrow is required to lift
Read more Previous

EUR/USD: In a volatile sideways movement around 1.08 for the time being – Erste Group

Economists at Erste Group Research expect the EUR/USD pair to hover around 1.08 in the short term. In the medium term, the US Dollar is expected to we
Read more Next