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
Trading news
Back
13 Jan 2020

EUR/USD still faces downside risks – UOB

FX Strategists at UOB Group still favour further losses in EUR/USD, although a breach of 1.1065 still appears unlikely.

Key Quotes

24-hour view: “EUR continued to fall across Fri and as expected the major 1.1065 support was “out of reach” as 1.1085 was already quite a strong support (low of 1.1083 on Fri). We continue to expect both levels to hold today although risk is still to the downside. A bounce to 1.1135 may be on the cards today but is unlikely extend any further than 1.1150.”

Next 1-3 weeks: “We highlighted yesterday (08 Jan, spot at 1.1155) ‘downward momentum is beginning to pick up’ and added ‘the prospect for a clear break of 1.1110 has increased’. EUR broke the 1.1110 support and touched an overnight low of 1.1100 before ending the day on a weak note at 1.1103 (the -0.43% decline is the biggest 1-day loss in 2 months). Downward momentum has improved further and the risk for EUR is still on the downside. However, the mid-Dec low near 1.1065 is a major support and at this stage, the prospect for a sustained decline below this level is not high. Overall, EUR is expected to remain on the back foot unless it can move above 1.1175 (‘key resistance’ level was at 1.1195 yesterday). Looking ahead, even if EUR were to break below 1.1065, any further weakness is expected to encounter solid support at 1.1030 followed by 1.1000. In other words, we do not consider the current weakness in EUR as part of a major downtrend.”

Jan 13, 2020

Indonesia to post smaller trade deficit in December - Reuters poll

Another survey of economists conducted by Reuters showed on Monday, Indonesia is likely to report a small trade deficit in December when compared to a
Read more Previous
Jan 13, 2020

Germany Wholesale Price Index (MoM) increased to 0% in December from previous -0.1%

Germany Wholesale Price Index (MoM) increased to 0% in December from previous -0.1%
Read more Next