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.
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.
Octa trading broker
Open trading account
Back

EUR/NOK will test the 10.00 level – Nordea

The EUR/NOK pair is set to  test the 10.00 level but a further strengthening of the NOK will require a lift in oil prices in the opinion of economists at Nordea.  EUR/NOK is trading at 10.026 right now. 

Key quotes

“NOK is benefitting from lower Covid-19 infection rates through a returning demand for risky assets. A test of the 10.00-level in EUR/NOK looks likely within the coming week. However, significant strengthening of NOK beyond the 9.90-9.95-level will probably require a more fundamental lift in oil prices, which so far remains to be seen despite better mood in equities.”

“Norges Bank has no tradition of rocking the boat due to short-term volatility in markets. However, the virus reaction in financial markets would still affect Norges Bank’s rate path if they were to make one today, as changes in foreign rates, NOK and oil prices are treated quite mechanically by Norges Bank when they construct the rate path.”

 

USD/JPY is still focused on 110.00 and above – UOB

In opinion of FX Strategists at UOB Group, USD/JPY is likely to trade within a side-lined theme in the next weeks, although an attempt to 110.00 and b
Read more Previous

USD/CAD hangs near two-week lows, below mid-1.3200s

The greenback remained on the defensive against its Canadian counterpart and pushed the USD/CAD pair to fresh two-week lows on the first day of a new
Read more Next