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
10 Sep 2020

USD/JPY: Further rangebound expected near-term – UOB

USD/JPY is still seen navigating the 105.50-106.90 range in the next weeks, noted FX Strategists at UOB Group.

Key Quotes

24-hour view: “We highlighted yesterday ‘the slight increase in downward momentum could lead to further weakness but for today, the major support at 105.50 is unlikely to come into the picture’. We added, ‘minor support is at 105.70’. USD subsequently dropped to a low of 105.76 before rebounding strongly. Upward momentum is beginning to improve but appears tentative for now. From here, USD could edge upwards but any advance is viewed as part of a higher trading range of 106.00/106.50. In other words, a sustained rise above 106.50 is not expected.”

Next 1-3 weeks: “There is not much to add to our latest narrative from Monday (07 Sep, spot at 106.25). As highlighted, the current movement in USD is likely part of a consolidation phase and USD is expected to trade between 105.50 and 106.90 for a period of time. The price actions over the past few days offer no fresh clues and we continue to hold the same view for now.”

Sep 10, 2020

Natural Gas futures: Room for further rebound

CME Group’s flash prints for Natural Gas futures markets noted open interest rose by just 811 contracts on Wednesday, extending the erratic performanc
Read more Previous
Sep 10, 2020

Gold: Dovish ECB to provide additional upside

Gold (XAU/USD) closed higher for the second straight day on Wednesday, having staged a solid $30 bounce intraday. Bullish Doji reversal points to more
Read more Next