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
7 Jan 2025

USD/JPY: Upward bias to remain intact as long as 156.80 is not breached – UOB Group

US Dollar (USD) could rise, but it does not appear to have enough momentum to reach 159.00. In the longer run, USD is expected to trade with an upward bias; any advance is expected to face significant resistance at 159.00, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

USD to trade with an upward bias for now

24-HOUR VIEW: “USD plummeted to 156.22 yesterday, rebounding strongly to close at 157.60 (+0.21%). It continues to rise in early Asian trade today. Given the increasing momentum, USD could continue to rise. However, it does not appear to have enough momentum to reach 159.00 (there is another resistance level at 158.50). On the downside, a breach of 157.20 (minor support is at 157.60) would indicate that USD is not rising further.”

1-3 WEEKS VIEW: “USD broke above the 158.10 resistance in early Asian trade today. Upward momentum is building, and we expect USD to trade with an upward bias for now. However, any advance is expected to face significant resistance at 159.00. The upward bias will remain intact as long as 156.80 is not breached.”

Jan 7, 2025

CAD: Carney would be a market-friendly choice for PM – ING

A leadership contest within the Canadian Liberal Party will select the new prime minister after Justin Trudeau’s resignation yesterday, ING’s FX analyst Chris Turner notes.
Read more Previous
Jan 7, 2025

United Kingdom 30-y Bond Auction climbed from previous 4.747% to 5.198%

United Kingdom 30-y Bond Auction climbed from previous 4.747% to 5.198%
Read more Next