Japanese Yen Technical Analysis: Charts Suggest USD Winning, Just
The Japanese Yen has forced Dollar bulls to defend their dominant uptrend channel once again and they have, but it is looking shakier than it has for a while
The Japanese Yen has forced Dollar bulls to defend their dominant uptrend channel once again and they have, but it is looking shakier than it has for a while
The USD/IDR weekly chart shows warnings that its next leg might be lower while USD/MYR could be heading higher. We also examine the technical outlook for USD/PHP and USD/SGD prices.
Both the Dollar and Yen have outperformed amid a risk-off backdrop, with the Japanese currency itself outperforming its U.S. counterpart on safe haven demand, which has pushed USD-JPY lower despite gains in the greenback against most other currencies. USD-JPY has dipped to an intraday low of 112.41 after closing in New York yesterday at 112.79-80. […]
The Dollar ebbed during the London AM session after firming during the pre-Europe Asian session, while the Yen outperformed as global stock markets dove. EUR-USD recouped to the upper 1.1400s after earlier printing a two-session low at 1.1439. The low and the move back higher have been mostly driven the broader fluctuations in the dollar. […]
OVERVIEW The US Dollar is mixed and moves off of its two-month high Tensions between the EU and Italy continue to exert pressure on the common currency NYMEX WTI Crude drops to a 1 month low, down 2.28% to $67.75. HIGHLIGHT
The Dollar came under some pressure in N.Y. on Tuesday, weighed down by a sharp sell-off in global equity markets. The DXY fell to 95.82 from overnight highs of 96.15. EUR-USD topped at 1.1493 after touching 1.1450 lows, while USD-JPY dipped briefly under 112.00 before bouncing to near 112.30. USD-CAD was heavy despite the sharp […]
Click / Tap image to enlarge Download High Resolution .owl-carousel{ …
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak and former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah will be hauled to court…
KUALA LUMPUR (Oct 24): Low-cost carrier AirAsia X Bhd was among the top-active counters in early trade this morning and was down as much as…
LONDON (Oct 24): James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close…
BEIJING (Oct 24): Earnings reporting season is underway, and analysts are eager to hear from executives about how an escalating trade war between the US…
KUALA LUMPUR (Oct 24): Most banking counters were up this morning following news reports that the net stable funding ratio (NSFR) that Bank Negara Malaysia…
KUALA LUMPUR (Oct 24): Prestariang Bhd shares were up as much as 7 sen or 15.4% to 52.5 sen this morning, as analysts said the…
KUALA LUMPUR (Oct 24): Finance Minister Lim Guan Eng today said the federal government’s revenue sharing formula for Sabah and Sarawak may only be applicable…
KUALA LUMPUR (Oct 24): theedgemarkets.com highlighted only one stock with positive momentum at Bursa Malaysia’s afternoon market close today. Stock with positive momentum was: Vortex Consolidated Bhd…
KUALA LUMPUR (Oct 24): The FBM KLCI saw its gains capped in the morning session as sentiment at the local bourse tracked regional markets and…