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
Trading news
Back
21 Feb 2019

UOB: Too soon to expect a sustained rise in EUR/USD

United Overseas Bank analysis team are holding onto their view that EUR could continue to weaken towards the 2018 low near 1.1215 as it subsequently touched 1.1231 last Friday (15 Feb) before trading sideways.

Key Quotes

“We warned of the rapidly waning momentum yesterday (19 Feb) & indicated that EUR “has to move & stay below 1.1280 within these 1 to 2 days or a break of 1.1350 ‘key resistance’ would not be surprising”.”

“Price action has shifted immediate risk to the upside but it is too soon to expect a sustained rise in EUR. Momentum indicators are lackluster & any advance is expected to struggle to move above 1.1440 (1.1410 is already quite a strong level).”

“In other words, while the current mild upward pressure could lead to a higher EUR, the prospect for a sustained up-move is not high. On the downside, a move below 1.1270 would indicate that the current mild upward pressure has eased.”

Feb 21, 2019

US Dollar Index Technical Analysis: DXY met support in the 21-day SMA near 96.30

DXY daily chart Dollar Index Spot Overview:     Today Last Price: 96.59     Today Daily change: 20 pips     Today Daily change %: 0.04%     Today
Read more Previous
Feb 21, 2019

EUR/USD: What will it take to get out of the recent 1.12-1.16 range? – Danske Bank

In opinion of analysts at Danske Bank, Fed’s soft signals from both the need for the balance-sheet run-off to be revisited and questioning of the need
Read more Next