News
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AUD/USD Technical Analysis: 17-Year Aussie Uptrend Support Broken
Australian Dollar sellers are threatening double bottom support untested for nearly two years. Longer-term positioning seems still more ominous.
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ASX 200 Technical Analysis: How Long Before Bulls Quit Trying?
The ASX 200 still looks reasonably comfortable close to ten-years highs but the bulls just can’t seem to make further gains stick. Don’t indulge them too much further
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CoT Update for US Dollar, Euro, British Pound, Gold, and More
The most recent report released by the CFTC didn’t show any major shifts, with USD positioning generally remaining at an intermediate-term extreme.
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US Dollar Technical Analysis: Can USD Hold this Rebound?
US Dollar Bulls are in full force per the CFTC Commitment of Traders Index showing the largest bullish position in 52-weeks with the largest bearish EUR position in the same time frame.
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XE Market Analysis: Europe – Sep 04, 2018
The Dollar has been on an upward roll with the pace of gains picking up a gear during London AM session. The USD index gained 0.4% to 11-day highs above 95.50, with EUR-USD concurrently tumbled to 11-day lows below 1.1560. Concerns about Brexit (the EU basically rejected the British government’s trade proposal) are helped Cable […]
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XE Market Analysis: US Dollar makes gains across the board as trade tensions heighten
OVERVIEW US Dollar stronger across the board on trade concerns South African Rand tumbles lower as the country officially enters recession Canadian Dollar falls to a 6-week low HIGHLIGHT The US Dollar is mostly higher upon concerns of an escalation in trade conflicts with China. These developments, alongside Jerome Powell’s almost definite upcoming rate hike, […]
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XE Market Analysis: Asia – Sep 04, 2018
The Dollar index rallied in early N.Y. trade on Tuesday, buoyed by a stronger manufacturing ISM outcome. The index later gave up its gains, falling back under opening levels near 93.50. EUR-USD bottomed at 1.1545 before rallying to 1.1585. USD-JPY was rangebound under 111.50. USD-CAD topped at 1.3207 on trade concerns, while cable bounced over […]
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Lego dinosaurs and sports car help toymaker build recovery
COPENHAGEN (Sep 4): Sales of Lego dinosaurs and a Bugatti sports car helped the Danish toymaker stabilize revenue in the first half of this year after…
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Forest City: Johor MB says inaccurate information led to misunderstanding on project
ISKANDAR PUTERI (Sept 4): The Inaccurate information about the Forest City project in local media reports have caused a misunderstanding among certain parties, said Johor…
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Samsung to challenge Amazon's Alexa by letting developers make apps for its Bixby voice assistant
(Sep 4): Samsung will allow third-party developers to build apps for Bixby from later this year in a bid to boost the voice assistant’s capability,…
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FBM KLCI drops marginally as small-to-mid cap stocks stage technical rebound
KUALA LUMPUR (Sept 4): The FBM KLCI pared losses to close 0.82 point or 0.05% lower while Bursa Malaysia small to mid market capitalisation (small-to-mid…
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Top executives at FGV leave amid management shake-up
KUALA LUMPUR (Sept 4): Three top executives at Malaysian palm oil producer FGV Holdings left the company at the end of August, in a management…
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Indonesia's Go-Jek to partner with peer-to-peer lending firms
JAKARTA (Sept 4): Indonesian ride-hailing and online payment company Go-Jek said on Tuesday it will partner with three peer-to-peer (P2P) lending firms as the startup…
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IJM Corp bags RM505m job to build Affin Bank headquarters in TRX
KUALA LUMPUR (Sept 4): IJM Corp Bhd has bagged a contract worth RM505 million to construct and complete the superstructure works of Affin Bank Bhd’s…
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Sapura Energy in three farm-in deals for maiden upstream Australian venture
KUALA LUMPUR (Sept 4): Sapura Energy Bhd, via its wholly-owned subsidiary Sapura Upstream Sdn Bhd, has signed three farm-in agreements for offshore exploration permits held…
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Aramco plans to ship first crude oil to Malaysia JV refinery in Oct — sources
SINGAPORE (Sept 4): Saudi Aramco plans to deliver the first crude oil cargo to its joint-refinery project with Petronas in Malaysia in October as the…
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IJM Corp, Pesona Metro, Borneo Aqua, Ark Resources, Sapura Energy and UEM Edgenta
KUALA LUMPUR (Sept 4): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Sept 5) may include the following:…
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