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

Forex Flash: Increased US participation in Scandinavian markets alters NOK and SEK – UBS

The final week of February and first week of March witnessed near record-net flows in USD/NOK buying from our clients, while the EUR/NOK was actually flat. “The increased participation of US asset managers in Scandinavian markets over the past two years has fundamentally altered the dynamic of both NOK and SEK markets: no longer can other pairs anchor themselves to NOK and SEK's exchange rates with the EUR, irrespective of the importance of the currency in Scandinavian trade baskets.” writes Research Analyst Gareth Berry at UBS.

In addition, as USD-based liquidity is not subject to the whims of Eurozone event risk and large in size in any case (such is the firepower of US asset managers), the we now need to accept the role of USDNOK as an equal driver, and sometimes the USD, rather than NOK is the 'issue'.

Spain 30-y Bond Auction decreases to 5.43% vs 5.696%

Read more Previous

Forex: GBP/USD remains at gains

Having peaked at 1.4957 just before the London session opening bell, the GBP/USD eased off to 1.4915, but support at the daily opening price of 1.4923 was able to keep price action at gains.
Read more Next