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
1 May 2013

Forex: NZD/USD remains in a narrow range, China PMI due out later

FXstreet.com (Barcelona) - The Kiwi closed the day slightly lower, finishing down 3 pips at 0.8561. Economic data out of New Zealand will be quiet in the coming session, but market participants will have an eye on China PMI due out at 1:00 GMT. The pair is currently edging higher during Asia trade, up 7 pips at 0.856.

According to Mike Jones of BNZ Global Markets, “There is no local data on the slate for today (although watch out for the GDT dairy auction early tomorrow morning). However, all eyes will be on the release of China’s ‘official’ manufacturing PMI at 1pm (NZT). A tick down to 50.7 from 50.9 is expected. The recent Chinese data tone has been disappointing so anything south of 50.5 would likely take a reasonable toll on the AUD and NZD”

Short term moving averages remain bullish on the daily chart, with price above both the upward sloping 9 and 20 dma’s. The RSI (14) is also in bullish set up, currently sitting at 60.48 (between the 40-80 bullish zone). Initial support sits at 0.8538 (previous resistance, now support on daily chart), followed by 0.849 (the 9dma). First resistance sits at 0.8586 (high of previous day), followed by 0.8629 (resistance on daily chart).
May 1, 2013

Forex Flash: Don't be expecting a change in the monthly QE pace at upcoming Fed Meeting – Westpac

The US Dollar Index finished the day sharply lower, closing down 0.54% at 81.72. This was the lowest daily close since Feb 27th, and could lead to further weakness with the Federal Reserve Monetary policy meeting due out in the next US session.
Read more Previous
May 1, 2013

Forex: USD/JPY finds bids above 97.00

With Nikkei index down -0.37% for the day barely above the 13800 points, USD/JPY is last at fresh session lows 97.22, off late NY session highs at 97.60, ahead of key risk event of the Asian session in the form of China PMI at 01:00 GMT. The pair managed to bounce from fresh 2-week lows at 97 round, on the back of US weak data, and Yen strength.
Read more Next