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

EUR/USD still seen grinding lower to 1.045 – UOB

Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group note EUR/USD could still slip back below the 1.0500 level.

Key Quotes

24-hour view: “Yesterday, we expected EUR to trade in a range between 1.0520 and 1.0590. However, EUR edged to a high of 1.0590 before settling at 1.0580 (+0.34%). EUR could continue to edge higher today but it is unlikely to break the strong resistance at 1.0630 (minor resistance is at 1.0605). Support is at 1.0560, a breach of 1.0540 would indicate that the current mild upward pressure has eased.”

Next 1-3 weeks: “Our update from two days ago (08 Mar, spot at 1.0550) is still valid. As highlighted, after the sharp drop on Tuesday, downward momentum has improved, albeit not much. All in all, as long as EUR does not move above 1.0630 (no change in ‘strong resistance’ from yesterday), it is likely to gravitate lower towards 1.0485.”

US Jobs Report Preview: Gold to continue February’s decline?

Gold price has been in a downward spiral since the start of February, and with the next major release for the commodity likely to be the US Bureau of
Read more Previous

Gold Price Forecast: XAU/USD could resume the downtrend on strong US NFP data

Gold price is consolidating the previous rebound near the $1,830 level in Friday trading ahead of the all-important US Nonfarm Payrolls data. In case,
Read more Next