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
Trading news
Back
3 Mar 2020

Powell speech: We are in active discussions with other central banks

Following the Federal Open Market Committee's (FOMC) shock decision to lower the federal funds by 50 basis points to 1%-1.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is discussing this decision in a press conference.

Key quotes

"Fed will act as appropriate to support the economy."

"What changed in last week is have seen the fast spread of disease and saw risk to the economy."

"Unclear how long this will last, but expects return to solid growth."

"We are in active discussions with other central banks."

About Jerome Powell (via Federalreserve.gov)

Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.

Mar 3, 2020

USD/MXN tumbles toward 19.10 as the dollar drops sharply on Fed rate cut

The USD/MXN tumbles from the 19.50 area to 19.14 in a few minutes after the Federal Reserve announced a 50bps rate cut. The pair is trading at 19.20,
Read more Previous
Mar 3, 2020

Powell speech: We have not looked at other policy measures yet

Following the Federal Open Market Committee's (FOMC) shock decision to lower the federal funds by 50 basis points to 1%-1.25%, Jerome Powell, Chair of
Read more Next