News
-
-
-
Weekly CoT Sentiment Update for Major FX, Commodities, and Indices
The most recently released report didn’t show any major shifts in market positioning, but we did finally see dollar traders take a break from adding to long exposure.
-
GBP/USD: Cable Back Above 1.3000, Are Bulls Yet Free to Run?
Brexit headlines continue to drive short-term GBP price action, and prices are back to testing recent highs after some optimistic comments from Michael Barnier. But will bulls be able to continue pushing forward?
-
XE Market Analysis: Europe – Sep 10, 2018
The Dollar has held steady versus the Yen while losing ground to a broadly firmer Euro, inspired by a rally in Italian assets on welcome signs of budgetary prudence on the part of the Italian government. EUR-USD rallied out of a three-week low at 1.1526 that was seen in early London trading to the upper […]
-
XE Market Analysis: Sterling and the Euro Rise on Hopes of a Brexit Deal
OVERVIEW The UK’s Pound Sterling surged to a 5 week high on hopes of a Brexit deal getting done. The Turkish Lira slips as economic growth dips. The Indian Rupee slumps as emerging market currencies weaken HIGHLIGHT European Chief Negotiator Michel Barnier sends the Pound to a 5 week high on news that he sees […]
-
XE Market Analysis: Asia – Sep 10, 2018
FX trade was very quiet in N.Y. on Monday, with the only move coming early, when EU Brexit negotiator Barnier said a deal with the U.K. was possible. Cable shot up to one-month highs over 1.3050, dragging EUR-USD to 1.1616 highs in the process. USD-JPY remained inside of a minuscule 15-point range, bottoming at 111.03. […]
-
Lim Guan Eng : F&B operators to enjoy two SST exemptions
GEORGE TOWN (Sept 10): The government will provide Sales and Service Tax (SST) exemptions involving the rental of small stalls and sale of cigarettes to…
-
Alibaba's Ma to step down in Sept 2019, Zhang to become chairman
BEIJING (Sept 10): Jack Ma, the charismatic co-founder and chairman of China’s largest e-commerce firm Alibaba Group Holding Ltd, has begun making arrangements to step…
-
Najib says he wants his money back
SINGAPORE (Sept 10): Malaysia’s former Prime Minister would like his money back. Money and valuables seized in police raids should be returned as no charges have…
-
AirAsia upgraded to seven stars at AirlineRatings.com
KUALA LUMPUR (Sept 10): AirAsia Group Bhd’s Malaysian operating unit has been upgraded to seven stars at AirlineRatings.com from five stars previously after the budget…
-
Malaysia finally scraps $3 billion China-backed pipeline plans
SINGAPORE (Sept 10): Malaysia has finally scrapped three China-backed pipeline projects after halting work on them following the shock elections in May that saw an…
-
Petronas-Saudi Aramco venture seeks commitments for $9.7 bln project finance – LPC
DUBAI (Sept 10): Malaysia’s Refinery and Petrochemical Integrated Development (RAPID) project, a venture between Petronas and Saudi Aramco, is seeking commitments from banks for a…
-
Gobind to TM : Explain Streamyx's problems, infrastructure constraints
KUALA LUMPUR (Sept 10): Communications and Multimedia Minister Gobind Singh Deo had today asked Telekom Malaysia Bhd (TM) to disclose any existing infrastructure constraints, which…
-
Singapore orders return of first batch of stolen 1MDB money
SINGAPORE (Sept 10): Singapore ordered millions of dollars pilfered from the beleaguered 1MDB to be returned to Malaysia, the first time the city-state has repatriated…
-
Petronas signs oil-exploration, output pact with South Sudan
JUBA (Sept 10): South Sudan’s government signed agreements for the exploration, production and sale of oil from three blocks with companies including Petroliam Nasional Bhd…
-
1MDB money : Lim Guan Eng says Malaysia welcomes Singapore State Courts' move
PUTRAJAYA (Sept 10): Malaysia welcomes the move by the Singapore State Courts granting the return of 1MDB monies with a total value of some S$15.3…
-
-
-
-
-
-
-
-
-
USD/JPY Weekly Technical Perspective: Dollar Bulls Poised to Take Over
The dollar-yen ended the week at the same level as last week but rests on a trend line originating in March. If the pair trades above the line early next week, expect bulls to take over.
-
GBPUSD Weekly Technical Outlook: Continuing to Press Higher
The battle between Brexit and US monetary policy continues to play out in GBPUSD but a series of three higher lows may see prices edge higher in the short-term.
-
Weekly Technical Forecast: EURUSD Awaits Its Break Cue while Aussie and Equities Continue Their Slide
We have transitioned out of the liquidity trap of Summer trading conditions, but that hasn’t put us immediately back on the path of a clear trend for the FX and capital markets. With some benchmarks starting to gain traction (the Aussie and indices sliding), how long until the charge reaches the majors?