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The Dollar has traded weaker during the Asian session, into the European opening. The has seen EUR-USD climb to the mid 1.1500s and USD-JPY post a three-week low at 111.97. EUR-JPY and AUD-JPY have both seen one-month lows, amid Yen safe-haven outperformance as global stock markets are routed. The Nikkei 225 closed 3.9% for the […]

The Dollar has traded with a softening bias so far today amid a backdrop of fairly acute equity market losses (S&P 500 futures down near 1%, China’s SSE closing with a 5.2% loss and Europe’s Stoxx 600 losing nearly 2%). EUR-USD settled around 1.1550 after earlier climbing to a nine-day high of 1.1572. USD-JPY settled […]

The Dollar index printed two-week lows of 94.99 following the cooler U.S. CPI outcome. The Greenback later recovered some as the risk backdrop settled somewhat relative to Wednesday’s equity meltdown. EUR-USD peaked at 1.1599 before pulling back to 1.1546 lows, while USD-JPY rallied over 112.50 from 112.09 lows. USD-CAD eased into 1.3015 from 1.3072 highs,despite […]

KUALA LUMPUR: The US market once again has taken the centre stage leading the global trend. Asian markets caught the cold yesterday after an overnight sharp…

KUALA LUMPUR (Oct 12): The FBM KLCI staged a technical rebound today to snap its losing streak and rose 0.54% at mid-morning, reversing its earlier…

BALI (Oct 12): Sabotage within the government is among the reasons why it is difficult for Malaysia to pin down and arrest fugitive businessman Low…

BALI (Oct 12): Tun Dr Mahathir Mohamad has lamented ASEAN for not fully tapping its potential as an economic powerhouse, despite having abundant resources and…

PORT DICKSON (Oct 12): Datuk Seri Anwar Ibrahim faces the first test of his return to political life on Saturday, in a by-election that would…

NUSA DUA, Indonesia (Oct 12): Sustained trade tensions could slash Asia’s economic growth by up to 0.9 percentage point in coming years, the International Monetary…

SINGAPORE (Oct 12): Singapore’s central bank on Friday tightened monetary policy for the second time this year, saying the city-state’s economy is likely to expand…

(Oct 11): The U.S. dollar traded near its lowest level in nearly two weeks against its major peers on Friday as declining U.S. treasury yields and…

HONG KONG (Oct 11): China has sold $3 billion of sovereign dollar bonds, its third such sale in the last 14 years, drawing healthy investor demand…

PUTRAJAYA (Oct 12): UMNO president Datuk Seri Dr Ahmad Zahid Hamidi arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here today to resume giving a…