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

USD/MYR: A sustained move above 4.7500 looks unlikely – UOB

USD/MYR faces prospects for extra gains, although a convincing breakout of 4.7500 appears not favoured for the time being, notes Markets Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research.

Key Quotes

“We expected USD/MYR to strengthen last week but we were of the view that ‘4.7500 is unlikely to come into view’.” Our view was wrong as USD/MYR rose to a high of 4.7370 before closing at 4.7360. Not surprisingly, conditions are overbought.”

“However, as long as 4.7000 is not breached (minor support is at 4.7150), USD/MYR could rise above 4.7500 this week. In view of the overbought conditions, USD/MYR is unlikely to be able to maintain a foothold above this level. Looking ahead, the next resistance above 4.7500 is at 4.7650”.

UK PM Sunak: Won't leave next generation with debt to settle

New British Prime Minister, Rishi Sunak, said on Tuesday that they are currently facing a profound economic crisis and added that he will place econom
Read more Previous

USD/JPY could reach 160 if US 10Y yields rise to 5% – SocGen

The yen is steadier after Friday’s fireworks. When will it be a buy? Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes the USD/JPY
Read more Next