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
Trading news
Back
5 May 2015

EUR/GBP testing lows around 0.7350

FXStreet (Edinburgh) - The offered tone around the euro is now gathering pace during the European morning, dragging EUR/GBP to session lows in the mid-0.7200s.

EUR/GBP in 2-day lows

After hitting multi-week tops near 0.7430 last week, the cross has sparked a correction lower, currently retreating for the second consecutive session to the 0.7255/50 band.

There are no scheduled releases in the UK economy today, leaving the cross to the mercy of events in the euro area. In addition, election jitters keep undermining the demand for sterling, as previous surveys point to a very close outcome and the increasing likeliness of a hung parliament.

EUR/GBP levels to watch

The cross is now losing 0.28% at 0.7351 with the next support at 0.7301 (low May 1) ahead of 0.7187 (low Apr.30) and finally 0.7137 (low Apr.29). On the flip side, a breakout of 0.7400 (psychological level) would expose 0.7419 (high May 1) and finally 0.7444 (high Feb.17).
May 5, 2015

USD/CHF negative bias persists - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank, believes that USD/CHF might have topped short-term, and negative bias for a test of 0.9177 remains while the pair trades below 0.9670.
Read more Previous
May 5, 2015

US 10-year Treasury yield hovers at 7-week high

The yield on the 10-year Treasury note in the US trades at a 7-week high of 2.149%, as the fall inn the German debt continues to weigh over the US Treasury yield.
Read more Next