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
14 Aug 2017

Forex today: dollar benefits from less risk-off

Forex today was less risk off and the dollar benefitted from the flows out of safe havens while noise around N.Korea quietens down.

DXY was up +0.37% and moved higher on the 93 handle, however, -8.61% YTD. Fed's Dudley supported the case for the dollar as well today, favouring a rate hike again in 2017 moving the odds of a hike in December to around 35%. The US ten year yields were +1.525 trading between 2.1958% - 2.2272%. The euro was already damaged by the miss in European IP data and lower front end yields. For the US session, the euro traded as low as 1.1769 from 1.1838 highs.

Sterling also slipped to 1.2956 from 1.3022 ahead of a busy week for the pound. The cross traded in a narrow 20 pip range between 0.9070/90. High betas were subdued with the Kiwi between a 50 pip range of consolidation between 0.7281/34 and the Aussie in a 25 pip range 0.7845/70. WTI fell sharply from $49.29 to $47.54 with storage data expected to show a build and subsequently taking USD/CAD to 1.2727 from 1.2672 lows.

Key events coming up in Asia

The minutes of the Reserve Bank of Australia meeting

Key notes from US session 

Fed's Dudley: Still sees US growth at 2%

A diplomatic solution to the North Korea missile crisis? - UOB

 

Aug 14, 2017

Wall Street ends day with solid gains as risk appetite returns

Major equity indexes in the U.S. recorded robust earnings on Monday as investors took the opportunity of the improved risk sentiment amid easing geopo
Read more Previous
Aug 15, 2017

USD/JPY lurched lower and hesitated

USD/JPY lurched lower and hesitated
Read more Next