News
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AUD/USD in Consolidation. GBP/AUD Risks Reversal, AUD/NZD More so
AUD/USD prices are kept at bay by support and resistance barriers. GBP/AUD is very close to reversing its dominant uptrend, but not as close as AUD/NZD which is already turning lower.
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GBPUSD Weekly Technical Outlook: Higher Prices Unlikely
Sterling slipped by over 2 cents against the US dollar over the week, breaking back through support to trade at a two-week low.
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XE Market Analysis: Europe – Oct 19, 2018
The Dollar has held firm against most currencies during the Asian session, into the open of the London interbank market, although slightly off highs seen during the New York afternoon yesterday. EUR-USD found a footing above 1.1450 after posting a 10-day low at 1.1449. Cable also steadied after seeing an eight-day low at 1.3015. USD-JPY […]
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XE Market Analysis: North America – Oct 19, 2018
The Dollar has been choppy but traded moderately softer, on net, giving back some of its recent gains. EUR-USD lifted back above 1.1460 after earlier printing a 10-day low at 1.1433, coming within 1 pip of the October-9 low, which is a two-month nadir. This is the fourth consecutive day the pair has clocked a […]
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XE Market Analysis: The Canadian Loonie Nosedives as Economic Data Causes Turbulence
OVERVIEW The US Dollar moves to a three-week high against the G-10 currencies as market fear eases Italian yield spread against German bond fund widens over Italy’s spending plan NYMEX WTI Crude cracks below $70.00 a barrel, down 90 cents on the day. HIGHLIGHT
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XE Market Analysis: The Canadian Loonie Nosedives as Economic Data Causes Turbulence
OVERVIEW The US Dollar moves to a three-week high against the G-10 currencies as market fear eases Italian yield spread against German bond fund widens over Italy’s spending plan NYMEX WTI Crude cracks below $70.00 a barrel, down 90 cents on the day. HIGHLIGHT
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XE Market Analysis: Asia – Oct 19, 2018
The Dollar slipped some in N.Y. trade on Friday, taking the DXY from near two-week overnight highs of 96.05 to 95.55 lows. Soft U.S. housing data had little impact, and pre-weekend profit taking appeared to have been the main driver, following a week of fairly steady gains. EUR-USD rallied from 1.1458 lows to 1.1535 highs, […]
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Ranhill, K1, Merge, Ark
KUALA LUMPUR (Oct 19): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon market close today. One stock showed positive momentum while the other…
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Bursa suspends Datasonic and MyEG's PDT, IDSS
KUALA LUMPUR (Oct 19): Bursa Malaysia has suspended the proprietary day trading (PDT) and intraday short selling (IDSS) for Datasonic Group Bhd and My EG…
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China economic growth weakest since 2009, government moves to lift confidence
BEIJING (Oct 19): China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter, with regulators pledging further policy support…
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Datasonic denies payment made to Zahid to win supply contract
KUALA LUMPUR (Oct 19): Datasonic Group Bhd, whose share price plunged 36.7% in the morning session on news that the company was implicated in the…
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Once-richest woman becomes biggest loser in China wealth rout
HONG KONG (Oct 19): iPhone and Tesla touchscreens once made her China’s richest woman. The US-China trade war has made her the biggest loser in…
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Court rules 1MDB units the rightful owner of Equanimity — report
KUALA LUMPUR (Oct 19): 1MDB Energy Holdings Ltd and 1MDB Global Investment Ltd, the subsidiaries of 1Malaysia Development Bhd (1MDB), are the rightful owners of…
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FBM KLCI down 0.34%, despite gains in Asian markets
KUALA LUMPUR (Oct 19): Gains in Asian markets failed to lift the FBM KLCI today, closing 5.87 points or 0.34% lower at 1,732.14, marking its…
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MyEG: MACC confirmed we're not involved in the graft probes against Zahid
KUALA LUMPUR (Oct 19): Electronic solutions provider MyEG Services Bhd (MyEG) says the company has received a confirmation from Malaysia’s anti-graft commission that neither the…
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Media Prima chief Mohd Nasir named as new CIMB Group chairman
KUALA LUMPUR (Oct 19): CIMB Group announced today that it has received Bank Negara Malaysia’s greenlight for the appointment of Datuk Mohd Nasir Ahmad as…
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Datasonic, MyEG, CIMB, Dutaland, BAT, Gadang and Vortex
KUALA LUMPUR (Oct 19): Based on corporate announcements and news flow today, stocks in focus on Monday (Oct 22) may include Datasonic Group Bhd, My…
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