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/CHF bounces off lows, around 1.0890

The Swiss franc is markedly lower vs. its European peer on Monday, taking EUR/CHF to the vicinity of the 1.0900 key barrier.

EUR/CHF up on Brexit

Dwindling fears on the probability of a ‘Brexit’ scenario at the EU-UK Referendum on Thursday have mitigated inflows to the safe haven CHF at the beginning of the week, favouring the demand for the riskier assets.

Ahead in the week, Switzerland’s ZEW Expectations are due on Wednesday, although market attention will remain firmly on the referendum on June 23 as the exclusive driver for the sentiment in the near term.

EUR/CHF significant levels

As of writing the cross is up 0.53% at 1.0881 and a break above 1.0927 (200-day sma) would expose 1.0956 (20-day sma) and then 1.1117 (high Jun.3). On the other hand, the immediate support aligns at 1.0777 (2016 low Jun.16) ahead of 1.0767 (low Dec.30 2015) and finally 1.0729 (monthly low Dec.24 2015).

European Monetary Union Construction Output w.d.a (YoY): -0.4% (April) vs -0.5%

European Monetary Union Construction Output w.d.a (YoY): -0.4% (April) vs -0.5%
Read more Previous

EUR/USD could retest 1.1465/95 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likeliness of the pair to re-visit the 1.1465/95 band. Key Quotes “EUR/USD las
Read more Next