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

27 Dec 2023

EUR/PLN looks increasingly ripe for a correction higher – Danske Bank

Economists at Danske Bank expect the EUR/PLN to move back higher over the coming months.

Return to rate cuts during Q1 2024 likely to provide further headwinds for PLN

A lot of positive news has already been priced in to the Zloty over the past months and EUR/PLN looks increasingly ripe for a correction higher.

As we expect the global economy to be characterized by weaker growth and inflation impulses during at least H1 2024, an environment usually ill-fitting for Polish assets, we see medium-term headwinds still in place for the Zloty.

In addition to the above, the recent hawkish re-pricing of NBP looks somewhat exaggerated to us and a return to rate cuts during Q1 2024 is likely to provide further headwinds for the PLN.

Forecast: 4.40 (1M), 4.40 (3M), 4.50 (6M), 4.60 (12M)

Dec 27, 2023

EUR/JPY nears 158.00 favoured by risk appetite and a dovish BoJ

The Euro keeps trading higher against a weak Japanese Yen on a calm post-Christmas session.

Oil picks up steam with Red Sea tensions arising and Russian Oil loading suspended

Oil prices are jumping higher this Wednesday with several geopolitical tensions back on the table. Yemeni Houthi rebels said on Tuesday that they attacked a commercial MSC United ship in the Red Sea after issuing three warning calls.