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

Forex Today: Spotlight turns to Britain’s consumption trends

The renewed selling pressure prompted the Greenback to set aside two daily advances in a row on Thursday as investors remained apathetic regarding any real progress on the US-China trade tensions.

Here is what you need to know on Friday, April 25:

The US Dollar Index (DXY) traded on the defensive and receded to the low-99.00s amid the widespread retracement in US yields across different time frames. The final Michigan Consumer Sentiment print will close the US docket.

EUR/USD saw its buying bias revitalised following the recent test of the 1.1300 neighbourhood. The ECB will release its Consumer Inflation Expectations survey, while member Buch is also due to speak.

GBP/USD regained composure, leaving behind two straight daily declines and reclaiming the area above 1.3300 the figure. Retail Sales will take centre stage, seconded by the GfK’s Consumer Confidence measure.

USD/JPY faced the resurgence of the downside pressure and eased from recent peaks north of the 143.00 barrier. The Tokyo’s Inflation Rate is next on tap on the Japanese calendar.

AUD/USD managed to pick up pace and leave behind part of the recent pullback, coming in close to the key hurdle at 0.6400. Next release of note in Oz will be the quarterly Inflation Rate and the RBA’s Monthly CPI Indicator on April 30.

WTI prices recouped part of Wednesday’s pullback and revisited the area beyond the $63.00 mark per barrel on renewed tariff concerns.

Gold prices reversed course and clocked decent gains, retesting the $3,370 zone per troy ounce on the back of bargain hunting mood and tariff uncertainty. Silver prices could not sustain Wednesday’s strong rebound, coming under renewed pressure and approaching the $33.00 mark per ounce.

US Dollar slips as recession fears and tariff confusion weigh on sentiment

The US Dollar (USD) retreats on Thursday as a cocktail of mixed economic data, dovish Federal Reserve (Fed) signals, and murky US-China tariff messaging unsettles market sentiment.
Read more Previous

Gold price surges past $3,300 on trade jitters, yield slump reviving haven demand

Gold price snapped two days of losses on Thursday and rose $50, or more than 1.50%, amid renewed concerns about the US-China trade war.
Read more Next