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

Open trading account

Trading news

Back

17 May 2022

USD/THB risks a corrective move near term – UOB

Quek Ser Leang at UOB Group’s Global Economics & Markets Research suggested risks around USD/THB seem to be shifting to the downside.

Key Quotes

“We highlighted last Monday (09 May, spot at 34.59) that ‘there is room for the overbought USD/THB advance to extend’. We indicated ‘the round-number level of 35.00 is unlikely to come into the picture’. USD/THB rose to 34.85 last Friday amid deteriorating upward momentum.”

“Note that daily MACD is on the verge of turning negative and that there is a ‘triple bearish divergence’. The technical readings suggest an increased risk of a short-term top in USD/THB.”

“In other words, the risk is shifting to the downside towards the rising trend-line support (currently at 34.32). A break of this trend-line could potentially trigger a deeper pullback even though the major support at 34.00 is unlikely to come under threat this week.”

May 17, 2022

ECB's Knot: 50 bps rate hike should not be excluded if data suggest inflation is broadening

European Central Bank (ECB) Governing Council member Klaas Knot told the Dutch TV on Tuesday that a 50 basis points rate hike should not be excluded i

EUR/JPY Price Analysis: Scope for extra upside near term

EUR/JPY posts gains for the third consecutive session and manages to reclaim the area above 136.00 on Tuesday. If the recovery picks extra pace, then