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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Test

Important information

By using this website, you confirm you are not a resident of the European Union, the United States of America, the United Kingdom, Iran, Myanmar, North Korea, Norway, Iceland, Switzerland, Liechtenstein, and the Philippines or accessing it from these jurisdictions. We assume no liability for the consequences of non-compliance with local laws.

Trading news
Back
29 Dec 2022

AUD/USD rises from three-day lows to 0.6765 as risk appetite improves

  • Wall Street up sharply, Dow Jones gains more than 300 points.
  • Improvement in risk sentiment boosts the Australian Dollar.
  • AUD/USD moving without a clear direction, Aussie needs a confirmation above 0.6770.

The AUD/USD pair rebounded from levels near 0.6700 and printed a fresh daily low at 0.6764 during the American session amid a rally in equity prices in Wall Street.

The improvement in the demand for riskier assets in US markets weighed on the US Dollar that reversed its course, turning negative. The Dow Jones is up by 1.03% or 330 points while the Nasdaq climbs by more than 2%. US yields are moving without a clear direction, holding near recent highs. The US 10-year yield stands at 3.86% and the 2-year at 4.375.

US economic data released on Thursday showed Initial Jobless Claims rose to 225K during the week ended December 24, in line with expectation; Continuing Claims rose to 1.71 million, the highest level since February. On Friday, the Chicago PMI is due. In Australia will be a holiday.

The 0.6765/70 holds the upside

The AUD/USD is moving sideways. On the downside, the pair again found support above the 0.6700 area. A break lower could trigger an acceleration, targeting initially 0.6675.

If the Aussie manages to rise and hold firm above 0.6770 it would gain momentum, likely rising to test the weekly high area at 0.6800.

Technical levels

 

Dec 29, 2022

The main tailwind for USD is fading fast – HSBC

USD strength has been a very consistent story over the past two years. However, economists at HSBC note that the main tailwind for the Dollar is quick
Read more Previous
Dec 29, 2022

GBP/USD hovers around 1.2030s on upbeat sentiment, soft US Dollar

The Pound Sterling (GBP) remains sideways during the North American session after hitting a daily low of 1.2005 against the US Dollar (USD). Risk aver
Read more Next