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
Test

Important information

By using this website, you confirm you are not a resident of the European Union, the United States of America, the United Kingdom, Iran, Myanmar, North Korea, Norway, Iceland, Switzerland, Liechtenstein, and the Philippines or accessing it from these jurisdictions. We assume no liability for the consequences of non-compliance with local laws.

Trading news
Back
26 Feb 2014

Flash: PBoC laying the groundwork for USD/CNY band widening - ANZ

FXStreet (Bali) - According to Irene Cheung and Khoon Goh, FX Strategists at ANZ, the PBoC is paving the way for band widening in the coming weeks.

Key Quotes

"In our view, we believe that the PBoC is laying the groundwork for band widening. Last week, we alluded to such a possibility. After Tuesday's price action, we are now more convinced that this is the case."

"The PBoC has been signalling its intention to widen the current +/-1% daily fluctuation band since last year, in an effort to move toward a more market determined currency with more two-way movements."

"The central bank is also keen to promote proactive risk management in the form of FX hedging in the onshore market. However, USD/CNY volatility has been falling since the last band widening in April 2012, and up till last week was at historic lows. This not only meant that it was not appealing to hedge, but one-
way appreciation bets had become popular, leading to the onshore USD/CNY spot rate trading consistently towards the strong side of the band."
Feb 26, 2014

EUR/JPY has stalled at the resistance of 140.70

EUR/JPY bulls woke up early and began to drive the cross higher. though it reached the current Asian high at 140.70 and stalled, scared by as fresh selling orders seen around this level.
Read more Previous
Feb 26, 2014

GBP/JPY bulls stopped at the resistance of 170.70

GBP/JPY started the session at 170.36 and moved to the current intraday high at 170.72 on the back of general JPY weakening, though it seems that the positive dynamic has run out of steam for now.
Read more Next