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

25 Jun 2018

USD/MXN seen extending its leg lower – Commerzbank

In view of Axel Rudolph, Senior Analyst at Commerzbank, the pair is expected to face some downside pressure in the near term.

Key Quotes

“USD/MXN has risen to its current June peak at 20.9612 before swiftly coming off to its 20.0474 May peak”.

“We thus believe that an interim top has been formed which is why we decided to neutralize our forecast”.

“The December peak at 19.9048 is expected to be tested this week, below which meanders the 55 day moving average at 19.5094. Together with the late May low at 19.4531 it is likely to offer support”.

“While the 19.5094/19.4531 area underpins we will retain a longer-term bullish forecast”.

“Resistance above the breached three month support line at 20.5092 sits at the recent high at 20.9612, a currently unexpected rise above which would put the November 2016 high at 21.2918 on the cards”.

Jun 25, 2018

Chicago Fed: National Activity Index suggests slower economic growth in May

"Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.15 in May from +0.42 in April," the Fede

USD/CHF hits 1-1/2 week lows, around 0.9870

• Reviving safe-haven demand keeps a lid on early recovery attempt. • Fresh USD selling prompts some selling in the past hour or so. The USD