USD/CAD Technical Overview: Stuck in a Channel Below Long-term Support
USD/CAD continues to show very little threat at this time of turning things around; trending below long-term support suggests further losses ahead.
Stock Market & Investment News
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US Dollar Builds for Break as EUR/USD Slips Below Key Support
US Dollar bulls are trying to take a stand, to some degree, as the oversold currency has spent the past couple of weeks pulling back.
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Australian Dollar Outlook: Aussie Building Breakout- AUD/USD Levels
Australian Dollar has carved a monthly range just below technical resistance and we’re looking for the breakout. These are the levels that matter on the AUD/USD charts.
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Copper Price Forecast: Bull Flag Suggests Gains Ahead for Base Metal
Amid a weaker US Dollar, copper prices are still coiling during their bullish breakout attempt.
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British Pound Forecast: Bullish Breakouts on Pace, or At Least on Precipice – Levels for GBP/JPY, GBP/USD Rates
GBP/JPY rates are continuing with their bullish breakout, while GBP/USD rates may not be far behind.
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US Dollar Technical Outlook: USD/SGD, USD/TWD, USD/THB, USD/IDR
While the US Dollar has been holding its ground, its downside bias against the Singapore Dollar, New Taiwan Dollar, Thai Baht and Indonesian Rupiah remains intact as it hovers at support.
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Genting Malaysia unit permanently shuts casino in English town
KUALA LUMPUR (Jan 15): Genting Malaysia Bhd’s (GenM) wholly-owned subsidiary Genting UK plc permanently closed its Genting Casino Southport, in the north west of England,…
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Trump's China tech war backfires on automakers as chips run short
(Jan 15): Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the…
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News on fabric face masks cause of infection inaccurate — MoH
KUALA LUMPUR (Jan 15): The Ministry of Health Malaysia (MoH) denies the authenticity of a news report with the headline “COVID-19: Pelitup Muka Jenis Fabrik…
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Biden unveils plan to pump US$1.9 trillion into pandemic-hit economy
WILMINGTON, Del. (Jan 15): President-elect Joe Biden outlined a $1.9 trillion stimulus package proposal on Thursday, saying bold investment was needed to jump-start the economy and…
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With talks of possible OPR cut, Public Bank, Maybank among top laggards on Bursa
KUALA LUMPUR (Jan 15): Public Bank Bhd and Malayan Banking Bhd (Maybank) are among the top losers on Bursa Malaysia now, following the discussions on…
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Why many Asian countries are being cautious about vaccines
(Jan 15): The nations quickest to enact social distancing and contact-tracing systems have mostly kept Covid-19 in check, but their citizens now find themselves lagging in…