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
20 Feb 2020

GBP/USD holds steady above 1.2900 mark post-UK retail sales, lacks follow-through

  • GBP/USD finds some support from stronger-than-expected UK retail sales figures.
  • Fears of a no-deal Brexit held bulls on the sidelines and kept a lid on the upside.

The GBP/USD pair edged higher to fresh session tops, around the 1.2920-25 region post-UK macro data, albeit lacked any strong follow-through.

According to the data released this Thursday, the UK monthly retail sales recorded a growth of 0.9% in January as compared to 0.7% expected and the previous month's fall of 0.5% (revised higher from -0.6% reported earlier.

Bulls seemed reluctant

Adding to this, the yearly rate also bettered expectations and came in to show a rise of 0.8%, though was still below the 0.9% growth posted in December. Meanwhile, sales excluding fuel increased by 1.6% MoM and 1.2% YoY, again beating estimates.

The upbeat readings, however, failed to impress amid persistent fears that Britain might crash out of the European Union at the end of the transition period later this year, which eventually kept a lid on any strong positive move.

With Thursday's key UK macro data out of the way, the incoming Brexit-related headlines might continue to act as an exclusive driver of the sentiment surrounding the sterling and produce some meaningful trading opportunities.

Technical levels to watch

 

Feb 20, 2020

UK Retail Sales rises 0.9% MoM in Jan vs. +0.7% expected, GBP/USD jumps

The UK retail sales came in at +0.9% over the month in January vs. +0.7% expected and -0.5% previous. The core retail sales, stripping the auto motor
Read more Previous
Feb 20, 2020

Chile: Copper and political uncertainties strain the CLP – Nordea

The CLP collapsed last year to all-time-low levels following the eruption of anti-government protests. The CLP risks are still tilted to the downside
Read more Next