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
26 Jun 2017

US Dollar Index recovers and rises back to daily highs, above 97.00

The greenback fell on Monday against most of it competitors but the Dollar Index was modestly higher, boosted by a rally of USD/JPY and marginal gains against European currencies. The DXY was up 0.2%, hovering near daily highs, after being able to recover from losses.  

On a low volume day, the index peaked at 97.10 but then turned sharply lower after the release of the US durable goods order and the National Activity Index from the Chicago Fed.  New orders dropped 1.1% in May, against 0.6% of estimates, while the Activity Index dropped to -0.26. 

Details of May Durable Goods Orders Disappoint

Data to be release on Tuesday included the S&P/Case-Shiller Home Price Index and the Richmond Fed Manufacturing Index. Also, Janet Yellen will speak in London, while many central bankers will appear at an event of the European Central Bank (Draghi, Poloz, Carney and Kuroda). 

Equity prices on Wall Street were mixed on Monday. The Dow Jones was up 0.18% while the Nasdaq was falling 0.24%. In the bond market, yield headed lower. The 10-year fell to 2.12%, the lowest in a week. USD/JPY rallied despite the moves in the bond market. 

Levels to watch 

To the upside the immediate resistance is seen around 97.10 (daily high), followed by 97.30 and 97.45/50 (last week high). On the downside, immediate support might be located a t96.95 (20-hour moving average), 96.75 (daily low) and 96.55.

Jun 26, 2017

WTI struggles for direction on $43 handle

Oil prices have recovered after a negative opening at the start of the week on fears of further growth in U.S. crude output against forecasts of a wea
Read more Previous
Jun 26, 2017

EUR/GBP: headed to 0.8852/68 January high?

Currently, EUR/GBP is trading at 0.8791, down -0.10% on the day, having posted a daily high at 0.8811 and low at 0.8773. EUR/GBP was struggling recen
Read more Next