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.
Back

USD/CAD should find support on dips to the low/mid-1.3400s – Scotiabank

The Canadian Dollar (CAD) edges slightly higher but scope for gains looks limited, economists at Scotiabank report.  

Uptrend in place since the start of the year remains intact

USD/CAD has drifted from the high around 1.3540 seen earlier in the week but losses are relatively mild and the broader uptrend in the USD in place since the start of the year remains intact. 

Shorter-term trend oscillators are leaning USD-bullish still. 

Spot may edge a little lower in the short run as price action corrects from the test of the 50% Fibonacci resistance from the USD’s Q4 drop (1.3538) but the USD should find support on dips to the low/mid-1.3400s absent any sign of a reversal in the USD bull trend at this point.

 

GBP/JPY corrects from 189.00 as vulnerable UK Retail Sales ease inflation expectations

The GBP/JPY pair drops from fresh eight-year high of 189.00 in the early New York session.
Read more Previous

EUR/JPY reversal from 161.85 is contained above the 160.80 support area

The Euro loses steam as German Producer Prices drop beyond expectations.
Read more Next