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
2 Apr 2025

AUD/USD: Increase in momentum indicates AUD can continue to decline – UOB Group

Australian Dollar (AUD) is likely to trade in a 0.6250/0.6300 range vs US Dollar (USD). In the longer run, increase in momentum indicates AUD could continue to decline, but it is too early to determine if it can reach 0.6185, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

Unlikely to reach 0.6185

24-HOUR VIEW: "On Monday, AUD fell to a low of 0.6219. Yesterday, Tuesday, we highlighted that AUD 'could retest the 0.6220 level, but given the oversold conditions, any further decline is not expected to reach the major support at 0.6185.' However, AUD dipped less than expected to 0.6232 before rebounding sharply to close at 0.6279. The rapid rebound appears to be running ahead of itself, and AUD is unlikely to rise much further. Today, AUD is more likely to trade in a 0.6250/0.6300 range."

1-3 WEEKS VIEW: "Yesterday (01 Apr, spot at 0.6245), we highlighted, after the sharp drop on Monday, the increase in momentum indicates that AUD 'could continue to decline.' However, we pointed out, 'it is too early to determine if it can reach 0.6185.' We added, 'to sustain the buildup in momentum, AUD must remain below 0.6300.' We did not quite expect the subsequent strong rebound. From here, a clear break above 0.6300 would indicate that AUD is likely to trade in a range instead of declining."

Apr 2, 2025

GBP: Testing the relative safe-haven status – ING

The UK’s goods exports to the US are worth just below 2% of GDP compared to 3% for the eurozone. It is no massive difference, but the EU has been much more in the focus of Trump’s confrontational foreign approach, ING’s FX analysts Francesco Pesole notes.
Read more Previous
Apr 2, 2025

Germany 10-y Bond Auction fell from previous 2.92% to 2.68%

Germany 10-y Bond Auction fell from previous 2.92% to 2.68%
Read more Next