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
Trading news
Back
12 Dec 2024

NZD/USD: To retest the 0.5765 before a more sustained recovery – UOB Group

New Zealand Dollar (NZD) could retest the 0.5765 before a more sustained recovery can be expected. In the longer run, NZD may decline below 0.5770, but it remains to be seen if it can maintain a foothold below this level, UOB Group’s FX analyst Quek Ser Leang and Lee Sue Ann note.  

NZD may decline below 0.5770

24-HOUR VIEW: “While we expected NZD to ‘decline further’ yesterday, we indicated that ‘deeply oversold conditions suggest NZD may not be able to break clearly below the major support at 0.5770.’ NZD fell more than expected to 0.5763 before recovering to close at 0.5784 (-0.29%). While there has been no further increase in momentum, NZD could retest the 0.5765 level before a more sustained recovery can be expected. The next support at 0.5740 is not expected to come into view. On the upside, should NZD break above 0.5815, it would mean that the current downward pressure has faded.”

1-3 WEEKS VIEW: “We indicated yesterday (11 Dec, spot at 0.5800) that NZD ‘may decline below 0.5770.’ However, we pointed out, ‘it remains to be seen if it can maintain a foothold below this level.’ NZD subsequently dropped to 0.5763 before recovering. There has been no further increase in momentum. For NZD to decline further, it must hold below 0.5770. The likelihood of this happening will remain intact provided that 0.5845 (‘strong resistance’ level was at 0.5865 yesterday) is not beached. Looking ahead, the next level to monitor below 0.5770 is 0.5740.”

Dec 12, 2024

Pound Sterling trades broadly firm as markets expect BoE to leave rates unchanged next week

The Pound Sterling (GBP) consolidates against its major peers on Thursday, but the British currency remains firm against its major counterparts due to expectations that the Bank of England (BoE) will follow a more gradual policy-easing cycle compared with other central banks in Europe and North America.
Read more Previous
Dec 12, 2024

EUR/USD: Lagarde’s press conference eyed – OCBC

A 25bp cut is likely a done deal. OIS-implied has priced in back-to-back cuts for 1H next year, taking rates to below 2% in Jun 2025, or even 1.7% in July.
Read more Next