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
Test
Trading news
Back
13 Mar 2020

NZD/USD extends losses, drops to test 0.6000

  • US dollar strengthens boosted by a recovery in US yields. 
  • Wall Street’s recovery from Thursday’s crash fades, still positive for the day. 

The NZD/USD pair broke lower during the American session, ending hours of consolidation and tumbled to 0.6015, slightly above the intraday low it reached on Monday. The pair remains under pressure as the US dollar extends weekly gains. 

The greenback started to rise on Friday as equity prices in Wall Street moved of highs, but it kept rising even as the correction ended. The ongoing rebound in US yields and risk aversion boosted the decline in NZD/USD. The 10-year rose to 0.97%, the highest level since March 5. 

The DXY is at the highest since late-February at 98.60, posting the fourth daily gain in a row. From Monday’s low it rose 4.25%, making a dramatic reversal from the one-year low. Now it is again looking at the recent top. 

Levels to watch 

The pair dropped to levels near 0.6000, a relevant technical and psychological area and also the March low. A break lower could trigger an acceleration if NZD/USD holds under 0.6000. The next strong support is seen at 0.5920. On the upside, the immediate resistance is located at 0.6060 followed by 0.6085 (March 11 low) and 0.6160 (March 13 high).

 

 

Mar 13, 2020

New York confirms 96 new coronavirus cases, Germany’s cases jump nearly 50%

The New York State Governor Andrew Cuomo said on Friday, the number of new confirmed coronavirus cases in New York rose by 96 to 421. Meanwhile, 50 of
Read more Previous
Mar 13, 2020

USD/MXN Price Analysis: Mexican Peso attempts a recovery after massive

The Mexican peso is attempting a recovery, with USD/MXN trading just under 22 after nearing 23 on Thursday. The US dollar has been attracting safe-hav
Read more Next