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
12 Nov 2014

EUR/CHF testing lows near 1.2020

FXStreet (Edinburgh) - The shared currency is trading on the back foot vs. the Swiss franc on Wednesday, pushing EUR/CHF back to test the 1.2020 region.

EUR/CHF eyes on the gold referendum

The cross extends the downside today, correcting lower from session highs around 1.2040 after SNB’s Thomas Jordan argued the Swiss economy could face negative consumer prices, although he stressed once again that the current floor of the exchange rate will remain intact. The referendum regarding the SNB’s holdings of the precious metal will be the next big risk event for the CHF, due on November 30th. The Swiss franc will remain in the middle of the speculations on the potential outcome, although the removal of the 1.20 floor seems quite unlikely at the moment.

EUR/CHF levels to watch

At the moment the cross is down 0.08% at 1.2024 with the next support at 1.2021 (low Nov.11) ahead of 1.2007 (low Jul.23 2012) and finally 1.2000 (SNB Target). On the upside, a break above 1.2045 (Tenkan Sen) would open the door to 1.2047 (high Nov.7) and then 1.2056 (21-d MA).
Nov 12, 2014

USD/JPY Volatile on Abe Spec – TD Securities

Analysts at TD Securities note that the JPY is likely to remain in focus for the markets following reports suggesting that PM Abe’s government is mulling a snap election in December, and see USD/JPY slipping below to 115.00/10 to find a firmer support at 114.00/10.
Read more Previous
Nov 12, 2014

EUR/USD Steady as Euro Industrial Production Matches Forecast - MP

Kenny Fisher, Currency Analyst at MarketPulse sees EUR/USD as steady on Wednesday, as the pair trades in the mid-1.24 range in the European session.
Read more Next