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 supported at 1.1300

FXStreet (Edinburgh) - The single currency is now recovering part of the deep pullback posted on Wednesday, with EUR/USD hovering over 1.1340/50.

EUR/USD hurt by Greek rumours

The pair has lost more than two big-figures since Tuesday’s tops around the mid-1.1500s. A re-emergence of buying interest around the dollar, a new decline in crude oil prices and the ECB arguing it will not accept Greek government bonds as collateral were far too much for the euro, which tested the vicinity of 1.1300 the figure following the US close yesterday.

Data wise, German Factory Orders surged 4.2% inter-month in December and 3.4% over the last twelve months. Ahead in the session, the more relevant event in the region will be the Economic Growth Forecasts released by the European Commission, ahead of Initial Claims and Trade Balance figures across the pond.

EUR/USD key levels

At the moment the pair is losing 0.34% at 1.1351 facing the next support at 1.1312 (low Feb.3) ahead of 1.1300 (psychological level) and then 1.1280 (low Feb.2). On the upside, the next hurdle lines up at 1.1400 (psychological level) ahead of 1.1485 9high Feb.4) and finally 1.1535 (high Feb.3).

NZD/USD further upmove possible – Varengold

The Research Team at Varengold Bank, views that NZD/USD has the scope to for a further upward movement in the future, with the pair continuing to decline since July and rebounding after making a new low at 0.7202.
Read more Previous

EUR/GBP unperturbed by solid German data

EUR/GBP remained unchanged after factory orders in the euro zone's largest economy accelerated in December, more than markets had expected.
Read more Next