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.
Octa trading broker
Open trading account
Back

USD/JPY: Likely to trade in a range between 149.00 and 150.50 – UOB Group

Instead of continuing to decline, US Dollar (USD) is more likely to trade in a range between 149.00 and 150.50 vs Japanese Yen (JPY). In the longer run, USD appears to have moved into a 148.40/151.00 consolidation range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

USD appears to have moved into a consolidation range

24-HOUR VIEW: "Yesterday, USD fell to a low of 148.68 and then staged a strong and sharp rebound to close largely unchanged at 149.95 (+0.09%). The rebound in oversold conditions suggest instead of continuing to decline, USD is more likely to trade in a range today, probably between 149.00 and 150.50."

1-3 WEEKS VIEW: "Last Wednesday, 26 Mar, when USD was at 149.90, we highlighted that 'while there is scope for USD to rise further, it may find the 151.00/151.30 resistance zone difficult to break.' After USD rose to a high of 151.15, in our latest update from last Friday (28 Mar, spot at 151.00), we highlighted that 'if USD breaks and holds above 151.30, it could trigger additional gains toward 152.30.' USD did not break above 151.30, but instead, it fell and broke below our ‘strong support’ level at 149.50 yesterday. USD appears to have moved into a consolidation phase. For the time being, we expected USD to trade in a 148.40/151.00 range."

USD/JPY is trading close to 150.00 – BBH

USD/JPY is consolidating around 150.00, BBH's FX analysts report.
Read more Previous

White House aides draft proposal to impose tariffs of around 20 % on most imports to US – WaPo

Citing sources familiar with the matter, the Washington Post reported on Tuesday that White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, per Reuters.
Read more Next