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

Forex: USD/CHF erases losses after German retail sales

FXstreet.com (Barcelona) - The USD/CHF eased from 0.9375 area down to 0.9354 low ahead of German retail sales. However, disappointing data made investors retrace the movement back to where it was.

French Producer Prices eased from 0.5% to 0.0% in March, staying above the -0.1% consensus. Consumer spending beat expectations of 0.1% by rising from -0.2% to 1.3%.

German retail sales are already out, down -0.3% in March (MoM) to an annualized drop from -2.6% to -2.8%, lower than market consensus of 0.0% (MoM) and -1.2% (YoY). The German GfK May consumer confidence rose from 6.0 to 6.2, beating 5.9 consensus.

“The intraday charts are giving conflicting signals and at this point we are unable to rule out a deeper retracement to 0.9318, possibly 0.9269”, wrote Commerzbank analyst Karen Jones, more biased to the upside towards the 9 month downtrend at 0.9498.

Spain 1Q Gross Domestic Product - Estimated (QoQ): -0.5%; -2% (YoY)

Read more Previous

Forex: EUR/USD dips to 1.3075/80 on Spanish GDP

The bloc currency is accelerating its decline on Tuesday, printing fresh session lows in the area of 1.3070/75 after the Spanish economic activity contracted 2.0% during the first quarter, matching....
Read more Next