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

EUR/USD will make a new lower cyclical high at some point this year – SocGen

EUR/USD continues to track shorter-dated yields. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes the pair’s outlook.

The ECB will ease more slowly than the Fed and

EUR/USD has been tracking 2-year yield differentials in this rate-dominated market. We expect that spread to narrow from 170 bps now to under 100 bps in the second half of the year. If we took the correlation between EUR/USD and the yield differential at face value, that would have the Euro peaking close to 1.2000 but that seems unlikely to us; relative growth trends are likely to be an anchor. 

However, we remain confident enough that a) the ECB will ease more slowly than the Fed and b) rate differentials will matter as much as perceived growth differentials, that EUR/USD will continue its slow-motion recovery and make a new lower cyclical high at some point this year (but well before the US election).

 

Pound Sterling to reclaim a little ground vs. the Euro this year – Rabobank

EUR/GBP offered below 0.8600. Economists at Rabobank analyze Pound Sterling’s outlook.
Read more Previous

United States Redbook Index (YoY) up to 5.2% in January 19 from previous 5%

United States Redbook Index (YoY) up to 5.2% in January 19 from previous 5%
Read more Next