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
15 Feb 2017

AUD/USD up 0.19% on the day at 0.7670 breaking through 50-1hr sma

Currently, AUD/USD is trading at 0.7670, up 0.19% on the day, having posted a daily high at 0.7680 and low at 0.7653.

Despite the sharp sell-off when Yellen gave hawkish comments sparking ideas of a March hike when she delivered her "Humphrey Hawkins" testimony before the Senate Banking Committee, the Aussie has since recovered most of those losses to the 200-1hr smoothed-ma. Yellen will also make an appearance before the House Financial Services Committee tomorrow.

  • Fed's Yellen: Some policies being discussed in Washington may raise deficits or help productivity
  • Fed's Yellen: Will wait to gain further clarity on economic policy changes
  • Waiting too long to tighten would be unwise - Fed's J.Yellen
  • More rate hikes may be appropriate in upcoming meetings - Fed's J.Yellen
  • Fed's Yellen agrees with core principles of Trump's executive order on financial reform

For today, however, the major commodity currency can continue to trade with a bullish bias between the 0.7600-0.7700 range and a breach of 0.7680 favours a test of the 0.77 handle towards April 2016 highs at 0.7834 on the wide. 

AUD/USD 1-3 month: 

Analysts at Westpac are looking for lower to 0.7400. "The US dollar’s impressive post-election rally may have paused, but still has potential to rise further during the months ahead. The Fed’s assertive tightening bias plus US fiscal expansion should maintain upside pressure on US interest rates and the US dollar. Against that coal and iron ore are likely to sustain a good portion of their dramatic rises, and economic data for Q4 and Q1 should improve, but these forces are subservient to the US dollar’s trend. Australia’s AAA rating will remain an issue into the May budget."

AUD/USD levels

 

Feb 15, 2017

Fedspeak overnight reviewed - Nomura

Analysts at Nomura offered a review of the Fedspeak overnight that fuelled the dollar's fire. Key Quotes: "At the Semiannual Monetary Policy Report
Read more Previous
Feb 15, 2017

South Korea Unemployment Rate up to 3.6% in January from previous 3.4%

South Korea Unemployment Rate up to 3.6% in January from previous 3.4%
Read more Next