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 Sep 2020

USD/RUB to reach the 77 mark as pressure on Russia rises – Rabobank

At the beginning of a new week of trading the Russian ruble remains the weakest CEEMEA currency so far this month due rising risk that the EU could impose a new set of sanctions on Russia. Upside pressure on USD/RUB prevails with potential to reach the 77 level, economists at Rabobank brief.

Key quotes

“Chancellor Merkel reportedly supports statements from Foreign Minister Maas who warned that Germany could put the Nord Stream 2 gas pipeline on hold. Russia has a few days to explain the circumstances regarding Navalny’s poisoning. ‘If there is no contribution from the Russian side, we will have to discuss an answer with our partners’, Maas told Bild am Sonntag newspaper.”

“Russia’s strategy at this stage is to gain as much time as possible before responding to the inquiries. The Kremlin continues to claim that it has not received information from Germany authorities regarding Navalny’s poisoning. It remains to be seen how patient the EU is before taking action against Russia. Based on Maas’ remarks Russia has only a few days left to prevent the crisis from escalating further.”

“Until Germany is satisfied with a response from Russia, USD/RUB has the potential to breach the initial resistance at 75.9540 (tested on Monday, but not cleared just yet) and extend its gains towards the 77 level.” 

“It has to be stressed that if the EU opts for particularly harsh measures against Russia (potentially in cooperation with the US), USD/RUB could revisit the March top at 82.8729.”

“EUR/RUB is likely to breach the 90 level if EU-Russia relationship deteriorates further in the coming days.”

 

Sep 7, 2020

Building Brexit tensions to deliver a setback for the pound – MUFG

The pound has underperformed with EUR/GBP rising further above last week’s low of 0.8866 and cable further below last week’s high of 1.3482. In the me
Read more Previous
Sep 7, 2020

EUR/GBP Price Analysis: Bulls remain in control, eyeing to reclaim 0.9000 mark

The intense selling pressure around the British pound pushed the EUR/GBP cross to near two-week tops in the last hour, with bulls now eyeing to reclai
Read more Next