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
27 Feb 2013

Forex Flash: USD to weaken on today, helping EUR/USD to consolidate - Commerzbank

After last FOMC minutes making investors think the Fed is “hawk in a dove plumage”, Bernanke's speech yesterday “has caused market participants to rethink this view” and Fed's Chairman will speak again today in front of the House of Representatives’ committee. “Just like yesterday he will show his commitment to QE3 and underline that the Fed will support QE3 for as long as necessary and that at present the benefits of QE3 outweigh the risks – even though he discussed the risks in detail”, wrote analyst Antje Praefcke. “The statement in the minutes that “many” FOMC members showed concern about the side effects and risks of QE3 was omitted by Bernanke yesterday”, Praefcke continued, explaining that there was no indication yesterday of a possible end or changes to the scale of QE3 and he will avoid that again today.

However, solid and better than expected US data (Richmond Fed Index, consumer confidence, home sales) made up for Bernanke’s dovish approach. Commerzbank analysts expect US Durable goods orders for January to disappoint today. “However this is due to one-off effects and the underlying trend still continues to point clearly upwards”, they explained, predicting USD weakness today, helping the euro to consolidate somewhat. “But in the end the effect is likely to be limited while the crisis bogey still puts pressure on the euro”, Praefcke concluded.
Feb 27, 2013

Forex Flash: Weak Boeing to retrace last US Durable Goods Orders gains – TD Securities

January home sales are expected to rebound by 1.7% M/M after the -4.3% drop in December, while durable goods orders are expected to undo the entire prior month’s gain at -4.7% in January (TD is slightly lower at -5.0%) thanks to weak Boeing orders, according to TD Securities analysts. “Excluding transportation, TD is looking for orders to fall at a far more modest 0.5% M/M pace (mkt +0.2%), mostly on account of weaker defense orders”, wrote analyst Alvin Pontoh, expecting core capital goods orders to post a modest 0.5% M/M gain in January (mkt +0.2%), “underscoring the ongoing improvement in business capital investment activity momentum”.
Read more Previous
Feb 27, 2013

US: MBA Mortgage Applications contract -3.8% in Feb-22 week

In the week ending at February 22, mortgage applications dropped -3.8% in the US, according to MBA. Data had fallen -1.7% in the prior week.
Read more Next