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
13 Jan 2020

USD/CNY seen around 7.08 in 1Q20 – UOB

The Global Economics & Markets Research team at UOB Group expect USD/CNY to move to the 7.08 region in the first quarter of 2020.

Key Quotes

“While a Phase 1 trade deal looks increasingly hopeful, structural differences between US and China trade stances (eg intellectual property, market access) make further progress beyond Phase 1 challenging. Together with growth risks of the Chinese economy which are still skewed to the downside, we continue to expect further weakness in the CNY ahead.”

“However, we have dialled our bearish CNY expectations (previous peak in USD/CNY forecast of 7.30 in 3Q20) in recognition of the progress in trade talks so far and the reduced risks of further trade escalation. Our updated forecasts for USD/CNY are 7.08 in 1Q20, 7.10 in 2Q20, 7.20 in 3Q20 and 7.20 in 4Q20. Overall, we still see value for investors to hedge their USD risks given the forward curve is still below our forecasts for tenures from 1Q20.”

Jan 13, 2020

EUR Futures: further recovery on the cards

Open interest in EUR futures markets increased by just 366 contracts on Friday, clinching the third consecutive build according to preliminary data fr
Read more Previous
Jan 13, 2020

FX option expiries for Jan 13 NY cut

FX option expiries for Jan 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1095 528m 1.1100 993m 1.1120 854m 1
Read more Next