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.
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.
Back

USD/MXN: Failure to reclaim 17.75 could lead to continuation in downtrend – SocGen

Economists at Société Générale analyze USD/MXN technical outlook and see the pair moving to 16.95/16.60.

Steady downtrend

USD/MXN downtrend has extended after it struggled to overcome the 50-DMA at 18.00 (now at 17.75). The move is a bit stretched and an initial bounce is not ruled out. However, failure to reclaim the MA near 17.75 could lead to a continuation of the downtrend.

Next potential objectives are located at projections of 16.95/16.60.

See: Brazilian Real and Mexican Peso will remain well supported – Commerzbank

ECB’s Vujčić: Sometimes a soft landing is not possible

European Central Bank (ECB) policymaker Boris Vujčić said on Tuesday that core inflation pressures remain high in the Eurozone, as reported by Reuters
Read more Previous

EUR/JPY Price Analysis: Further correction likely

EUR/JPY clinches a new 2023 peak near 155.40 just to slip back to the sub-155.00 region afterwards. The cross remains overbought and against this back
Read more Next