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

AUD/USD: Likely to rise to 0.6355 – UOB Group

As long as Australian Dollar (AUD) remains above 0.6270 vs US Dollar (USD), there is a chance for it to rise above 0.6330. The major resistance at 0.6355 is likely out of reach for now. In the longer run, as long as 0.6250 is not breached, AUD is likely to rise to 0.6355, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

Major resistance at 0.6355 is likely out of reach for now

24-HOUR VIEW: "After AUD traded in a choppy manner two days ago, we indicated yesterday that “the outlook is mixed” and we expected it to 'trade between 0.6250 and 0.6310.' AUD then dipped to 0.6255 before staging a surprisingly strong rise that broke above 0.6310 (high has been 0.6323). AUD closed higher by 0.62% at 0.6317. Despite the advance, upward momentum has not increased significantly. However, as long as AUD remains above 0.6270, there is a chance for it to rise above 0.6330. The major resistance at 0.6355 is likely out of reach for now."

1-3 WEEKS VIEW: "Last Thursday (06 Feb, spot at 0.6280), we indicated that 'if AUD closes above 0.6310, it could trigger an advance to 0.6355.' After AUD traded in a range for a few days, we indicated on Tuesday (11 Feb, spot at 0.6270) that the recent 'buildup in momentum is fading, and if AUD breaks below 0.6230 (‘strong support’ level), it would mean that AUD is likely to trade in a range.' AUD then fell to a low of 0.6235, and yesterday, we highlighted that 'as long as 0.6230 is not breached, there is still a slim chance for AUD to break clearly above 0.6310.' In late NY trade, AUD soared and broke above 0.6310 (high has been 0.6323) and closed at 0.6317 (+0.62%). From here, as long as 0.6250 (‘strong support’ level previously at 0.6230) is not breached, we expect AUD to rise to 0.6355."

USD: Reciprocal tariffs seen as 'unworkable' – ING

The US Dollar (USD) is a little weaker in Europe today on the back of slightly lower US interest rates, ongoing optimism about an end to the war in Ukraine, and a US reciprocal tariff package which was hard to decipher.
Read more Previous

DXY: Bulls are squeezed – OCBC

US Dollar (USD) longs are caught wrongfooted. Even as Trump signed an executive order to impose reciprocal tariffs, they will not come into effect until 1 Apr.
Read more Next