News

The Dollar majors continue to lack direction, although stock markets picked up following positive corporate earnings reports out of the U.S. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to sustain gains above 1.1600. USD-JPY posted a three-session high at 112.42 before settling around 112.20-25. AUD-JPY posted a one-week high before ebbing […]

The Dollar had traded moderately firmer into the New York interbank open, which came as European equity markets turned negative after failing to sustain a positive open, and with U.S. equity futures flagging as the good-feel of yesterday’s bullish Wall Street session abated. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to […]

The Dollar index rallied from pre-open lows of 95.10 to a one-week high of 95.54 in N.Y. trade on Wednesday. EUR-USD fell from 1.1547 to 1.1508 through the session. USD-JPY peaked at 112.47, coming from 112.02 lows. USD-CAD rallied over 1.3015 as oil prices tumbled. Cable meanwhile, steadied in the low 1.31’s. The FOMC minutes […]

OVERVIEW Potentially historic EU Summit kicks off in Brussels Strong round of earnings reports from Wall Street gives strength to USD Loonie lifted by rally in crude WTI prices HIGHLIGHT

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(Oct 18): Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several…

KUALA LUMPUR (Oct 18): AirAsia Group chief executive officer (CEO) Tan Sri Tony Fernandes has urged for competition to be injected into monopolies. He also said…

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