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
28 Aug 2019

AUD/USD flat-lined in lower half of weekly range near 0.6750

  • Business activity in Australia construction sector contracts.
  • US Dollar Index posts small daily gains on Wednesday.
  • FOMC members Barkin and Daly will speak later.

The AUD/USD pair came under modest selling pressure during the Asian trading hours and dropped to a daily low of 0.6734. However, the lack of major developments surrounding the US-China trade conflict and the subdued trading action didn't allow the pair to make a decisive move in either direction following that drop, forcing it to move sideways near mid-0.67s. As of writing, the pair was down 0.08% on the day at 0.6745.

Consolidation continues

The data published by the Australian Bureau of Statistics today revealed that the business activity in the construction sector contracted in the second quarter with the Construction Work Done coming in at -3.8% and missing the market expectation of -1%. On Thursday, Private Capital Expenditures data from Australia will be looked upon for fresh impetus. 

On the other hand, the US Dollar Index is inching higher above the 98 mark today as the Greenback continues to outperform its major European rivals and forcing the pair to remain in the negative territory. The Mortgage Bankers Association's (MBA) weekly Mortgage Applications data came in at -6.2% in the week ending August 23 but had little to no impact on the USD. At the moment, the index is up 0.13% at 98.13.

During the American trading hours on Wednesday, investors will be looking for fresh clues regarding the Federal Reserve's next policy during speeches of Richmond Fed President Barkin and San Francisco Fed President Daly.

Technical levels to watch for

 

Aug 28, 2019

US GDP Q2 second release preview: The past looks better than the future

The United States economy has been printing very solid numbers for a while now, but that pretty picture might be slowly getting uglier. Ahead of tomor
Read more Previous
Aug 28, 2019

USD/TRY drops to daily lows near 5.80 on renewed Lira-buying

The Turkish Lira keeps recovering ground lower following Monday’s ‘flash crash’ and is now dragging USD/TRY to the 5.80 neighbourhood. USD/TRY focused
Read more Next