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
22 Feb 2013

Forex Flash: GBP/USD likely to fall to 1.48 - HSBC

The fall in GBP has been substantial but on a historical basis this is still not the case, says HSBC.

"If we were to return to historical precedents, then a further significant leg down can not be ruled out, but for now, our downward revisions to an already bearish GBP profile are less potent, but nonetheless argue for further GBP weakness ahead."

The bank expects GBP/USD "is likely to fall to 1.48 and EUR-GBP may rise to 0.91 by year end but the historically minded will keep their eyes on GBP’s troubled 2009 extremes."
Feb 22, 2013

Commodity Brief: Gold diverges to the upside

Oil was Thursday one of the big losers among commodities as it closed in NY around the $93 mark, losing almost -2% for the day, along with CRB index that lost -1.17% by NY close, printing fresh 2013 lows, despite the fact Gold managed to close in the positive. As GlobalFX CEO and former Head of Currency Strategy at the NAB and Westpac Gregory McKenna notes, Gold “took a bid tone from the equity sell off. If this is the new market meme for a while then Gold's weakness should be over for a little while and if it can break back into the recent down trend it has the potential for a substantial rally,” the analyst suggests.
Read more Previous
Feb 22, 2013

Forex: GBP/USD spikes to key 1.5320 resistance

In a rather unusual move, the British Pound has just exploded higher over 60 pips breaking resistance at 1.5270 to find its session peak at 1.5320. The spike comes after buyers emerged off 1.5130 lows, negating further follow through to an otherwise strong US Dollar, which recorded substantial gains against the Euro, for example.
Read more Next