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EUR/USD Technical Analysis: Looking to Sell into Euro Upswing
The Euro may recover further against the US Dollar having found support at the 1.13 figure before the dominant long-term down trend is resumed.
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ASX 200 Technical Analysis: Rise Puts All-Time High In Focus
The ASX 200 has clawed its way back to peaks investors won’t have seen for ten years, with the all time high made in late 2007 now looming in the bulls’ sights
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CoT Update: Large Speculators Net-short Gold First Time in a Long Time
The most recent report was more of the same, showing even more extreme dollar position changes and notably a flip short in gold by large speculators for the first time since 2002.
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GBP/USD: Oversold Cable Begins Bounce From Fibonacci Support
The British Pound has finally run into some support, and GBP/USD has been trading higher since last Wednesday morning. Can bulls continue to push, are are we simply setting up for another wave of selling in the pair?
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XE Market Analysis: Europe – Aug 20, 2018
The Dollar majors have been showing little net directional change in thin, early-week trading. The biggest movement heading into the London interbank open are AUD-USD and NZD-USD, with both showing gains of 0.2%. Stock markets in Asia have been mixed, while EUR-USD and USD-JPY have been treading sideway paths, the former in the low 1.1400s […]
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XE Market Analysis: North America – Aug 20, 2018
The Dollar saw moderate firming during the London AM session, led by a flip higher in USD-TRY, which rose back above 6.000 as markets digested Friday’s after-hours rating downgrade announcements by S&P and Moody’s, though the Lira remained above the lows it saw on Friday. EUR-USD ebbed to a low of 1.1403 after opening in […]
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Moody's affirms Petronas's A1 rating, stable outlook
KUALA LUMPUR (Aug 20): The outlook for Petroliam Nasional Bhd (Petronas) is stable as the national oil company is expected to maintain its strong credit…
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Daim to meet PM on CEP’s future
KUALA LUMPUR (Aug 20): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin does not discount the possibility of the council’s service being extended by…