News

The Dollar has come under pressure today, initially via short-squeezes in AUD-USD, NZD-USD and GBP-USD, and latterly by a rebound in EUR-USD, which has recouped to the mid 1.1300s from yesterday’s four-month low at 1.1302. The Aussie and Kiwi Dollars, meanwhile, are showing 1%-plus gains, and Cable is up by 0.8%.

The Dollar has come under broad pressure, losing over 0.5% to the Euro, nearly 1% to the Pound and comfortably more than 1% against the Australian and New Zealand Dollars. EUR-USD posted a rebound high of 1.1388 in what is the first daily back-to-back gain in three weeks. USD-JPY has been left out of the […]

The Dollar pulled back from Wednesday’s trend high, leaving the DXY at lows of 96.20, down from 97.20 highs seen yesterday. Incoming data was mostly in-line with expectations, though the manufacturing ISM was light of forecasts. Wall Street rallied as Trump said progress was being made in U.S./China trade matters. EUR-USD climbed to 1.1424 highs, […]

(Nov 2): As a line on a map, Malaysia’s East Coast Rail Link makes sense. Slashing diagonally across the peninsula from Port Klang at one…

WASHINGTON (Nov 2): Donald Trump and Xi Jinping expressed optimism ahead of meeting later this month in Argentina, with the US leader saying his Chinese…

WASHINGTON (Nov 2): U.S. job growth likely rebounded in October, with wages expected to have recorded their largest annual gain in 9-1/2 years, pointing to further…

KUALA LUMPUR (Nov 2): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia’s afternoon market close today. One stock showed positive, while the other showed…

KUALA LUMPUR (Nov 2): The Malaysian Anti-Corruption Commission (MACC) did not conduct any raid on the residence of former prime minister Datuk Seri Najib Tun…

WASHINGTON (Nov 2): President Donald Trump wants to reach an agreement on trade with Chinese President Xi Jinping at the Group of 20 nations summit…

Malaysian financier Low Taek Jho, aka Jho Low, and former banker Ng Chong Hwa, aka Roger Ng, indicted for conspiring to launder billions of dollars…

KUALA LUMPUR (Nov 2): Low Taek Jho, better known as Jho Low, has maintained his innocence after the US Department of Justice (DoJ) indicted him, along with…

TOKYO (Nov 2): The safe haven yen slipped and the Australian dollar extended its rally on Friday as an apparent de-escalation in the U.S.-China trade war…

BEIJING (Nov 2): China’s foreign ministry said on Friday that the previous day’s telephone call between Chinese President Xi Jinping and U.S. President Donald Trump was…