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

NZD/USD not giving up the 0.85 handle

FXStreet (Guatemala) - NZD/USD is trading at 0.8506, down -0.08% on the day, having posted a daily high at 0.8523 and low at 0.8503.

NZD/USD is digesting the events at the end of last weeks business with the greenback taking the spot light post last week's events including the nonfarm payrolls disappointments and Imre Speizer, analyst at Westpac Banking Corporation ABN highlights that this week’s NZ key event will be the Q2 labour data (Wed). “We expect jobs growth to continue but participation to remain high so that the unemployment rate will decline only slightly (from 6.0% to 5.8%) and wage costs will remain contained”. Then over to the US, we have the Services ISM and factory orders as main areas of interest but Imre Speizer suggest the Q2 prelim unit labour costs/productivity data deserves a special mention now that wages/costs have become more of a focus for the Fed and markets.

NZD/USD Levels

Current price is 0.8506, with resistance ahead at 0.8523, and 0.8545 (Daily Classic R1). Next support to the downside can be found at 0.8502 (Hourly 20 EMA) and 0.8491 (Monthly Low).

NZD/USD: Bulls draw line in the sand at 0.8460

NZD/USD finally found some buyers below the 0.85 handle, with the 0.8460 area providing a line in the sand that has so far successfully protected further losses, even creating a double bottom pattern that may see some pick up in confidence by bulls.
Read more Previous

Leveraged funds turned net long USD - ANZ

Khoon Goh, Senior FX Strategist at ANZ, reviews the futures positioning data for the week ending 29 July, noting that leveraged funds turned net long in USD for the first time since mid-June ahead of the US NFP.
Read more Next