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: Allowing the usage of J&J vaccines to extend euro's surge

EUR/USD has surged above 1.20. Now, the pair needs a shot in the arm from J&J after riding on dollar weakness, Yohay Elam, an Analyst at FXStreet, reports.

EUR/USD may receive more reasons to rise

“President Joe Biden met a Congressional delegation on Monday and additional developments are likely on Tuesday. If Democrats manage to pass a corporate tax hike, it would mean less debt issuance down the road and less pressure on bonds. In turn, lower yields would weigh on the dollar.”

“The next EUR/USD moves likely depends on developments in the old continent. The European Medicines Agency (EMA) is set to publish its verdict on Johnson & Johnson's single-dose vaccine on Tuesday. After last week's suspension, there is a good chance that the regulator allows its usage, boosting Europe's vaccination campaign.”

“Another boost to the common currency may come from Germany, where the ruling CDU/CSU bloc is about to decide on who will be the party's chancellor candidate. According to reports from Berlin, the CDU's moderate leader Armin Laschet will likely remain at the helm, providing some relief to markets.” 

“The daily high of 1.2075 is the immediate resistance line. It is followed by 1.2110, which was a swing high in early March.”

“Support awaits at 1.2025, a stepping stone on the way up, followed by the round 1.20 level.”

 

GBP/USD: Sterling to underperform other G10 currencies in the coming months – HSBC

Expectations of improving UK economic growth and less dovish Bank of England, alongside its early lead in vaccine rollout, have supported the GBP so f
Read more Previous

Silver Price Analysis: Defending 21-SMA on 4H chart is critical for XAG/USD bulls

Silver (XAG/USD) has reclaimed the green territory after snapping back into losses on Monday. Sellers continue to lurk above the $26 mark, keeping the
Read more Next