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
13 Aug 2013

Flash: NZD/USD range to unravel on Fed taper decision - Westpac

FXstreet.com (Barcelona) - The most likely catalyst for a break outside the 0.7685-0.8135 range in NZD/USD is the Fed’s decision on tapering, notes Imre Speizer, FX Strategist at Westpac.

Key Quotes

"Our multi-month forecast is dependent on Fed tapering to start in 2013. Such action could be announced at any of the FOMC meetings in September, October or December. If tapering is announced in September, NZD/USD will probably fall and test 0.7685. Alternatively, if the Fed removes tapering expectations in September and October, then the NZD/USD will rise to the 0.8400-0.8500 area."

"This is not the time for large directional bets, since so much depends on Fed behaviour during the next few months. It is however a good time to explore the use of options, not least because they are cheap. First, option implied volatility (the main factor in determining option premium) is significantly lower than actual volatility. Second, the past decade range for 3mth option volatility, for example, has been 7.5%-31.5%, with an average of 13.5%. At 11.0% currently, it is historically cheap."
Aug 13, 2013

Flash: Dips in USD/JPY mid term buying opportunities - Nomura

According to Nomura Strategists Yujiro Goto, the tax hike debate in Japan is set to continue after Q2 GDP disappoints. The core view for Nomura, however, "remains that the tax hike is implemented as scheduled and USDJPY rises in the medium term" Goto notes, adding that as a result, "the dip in USDJPY related to the tax hike debate should be regarded as an opportunity to enter USDJPY long positions in the medium term."
Read more Previous
Aug 13, 2013

EUR/USD ignited on impressive rally

EUR/USD soared to erase earlier losses and advance 0.07% against the greenback.
Read more Next