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: Loonie’s prospects unexcited – ING

The rebound in the Dollar has taken USD/CAD back above the 1.34 mark. Economists at ING analyze the pair’s outlook.

BoC to follow Fed’s dovish turn

Incoming US data should continue to be a key driver for CAD in the crosses, given its high correlation with US economic sentiment.

The Bank of Canada meets on 24 January, and we see a high chance that it will follow the Fed in signalling rate cuts by year-end, thus dropping its tightening bias. 

We remain unexcited about CAD’s prospects, and some benefits from residual resilience in US data may be offset by a more dovish BoC. 

USD/CAD – 1M 1.35 3M 1.35 6M 1.33 12M 1.28

EUR/GBP returns above 0.8600 on hawkish ECB rhetoric and soft UK data

The Euro is trimming losses following on hawkish ECB comments and higher German CPI.
Read more Previous

US Dollar pops with Trump booking landslide victory in Iowa Caucus

The US Dollar (USD) is breaking eggs this Tuesday with markets trembling on the outcome of the first Caucus election for the Republican Party (GOP) candidate who will pick up the gloves against Joe Biden in the presidential runoff later this year.
Read more Next