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.
Octa trading broker
Open trading account
Back

EUR: Not in a prime position to rally – ING

EUR/USD is back to trading close to the 1.120 mark, entirely driven by the swings in the dollar following the US-China deal and CPI numbers, ING's FX analyst Francesco Pesole notes.

EUR/USD to stabilize around 1.120 over the coming days

"Our one-month target for the pair is 1.12, on the view that markets will retain interest on short-USD positioning ahead of expected US data deterioration, but that the euro is not particularly well positioned to benefit from it as the ECB continues to cut, and markets may look with more interest at higher beta currencies on the back of better risk sentiment."

"In eurozone macro news, the ZEW expectations survey rebounded in May, showing increased hopes for US trade deals, although the current situation gauge failed to show any recovery."

"We expect some stabilisation around 1.120 in EUR/USD over the coming days."

Oil: Iranian sanctions – ING

ICE Brent rallied by almost 2.6% yesterday, reaching its highest since late April. A weaker USD following a cooler-than-expected US consumer price index (CPI) provided some tailwinds to the oil market.
Read more Previous

United States MBA Mortgage Applications: 1.1% (May 9) vs previous 11%

United States MBA Mortgage Applications: 1.1% (May 9) vs previous 11%
Read more Next