News
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AUD/USD 2018 Downtrend Intact. Warnings Hint Prices May Rise Next
This year so far, AUD/USD remains in a downtrend but a hammer and morning star warns prices may rise in the near-term next, perhaps testing the February descending trend line.
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USD/JPY: Dollar Bulls May Be Running Low on Steam
The USDJPY pair has recently lacked significant technical conviction, but some may be building toward the downside.
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Dollar Caps Breakout Potential, Faces Former Critical Resistance as New Support
Having spent nearly the entire week forming a plateau, the Dollar closed this past Friday with its biggest daily drop in nearly a month. Has the high time frame reversal in favor of the Greenback hit the skids or is this just a pause?
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Weekly Technical Forecast: A Late Dollar Correction and ’Risk’ Assets Rebound Presents Contrasting Trends
For the risk-leaning markets – carry, equities, etc – a late week recovery short-circuited yet another threat of broader reversal. However, the Dollar did not share in the recovery effort. It is trend versus reversal in a market pocked by volatility but lacking liquidity.
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Taking Malaysia Forward – the first 100 days
KUALA LUMPUR (Aug 18): Malaysia surprised the world on May 9 when the people overwhelmingly voted for change and put in power the current Pakatan…
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In Balakong, MCA and DAP go head to head
BANGI (Aug 18): It is going to be a two-way fight between MCA and DAP for the Balakong State Assembly seat in Selangor. The two political…
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Seri Setia by-election: Straight fight between PH and PAS
PETALING JAYA (Aug 18): The Seri Setia State by-election to be held on Sept 8 will witness a straight fight between Pakatan Harapan (PH) and…
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Police to record Lim Guan Eng's statement on missing GST refund money
KUALA LUMPUR (Aug 18): Finance Minister Lim Guan Eng’s statement over the missing RM19.25 billion in the Goods and Services Tax (GST) Refunds Trust Account…
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Malaysia keen to tap Alibaba's technology, says Dr M
HANGZHOU (Aug 18): Malaysia is keen to tap leading e-commerce group Alibaba’s technology for the benefit of Malaysians, said Tun Dr Mahathir Mohamad today. The Prime…
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Proton forms JV with Geely to sell cars to China
HANGZHOU (Aug 18): Chinese automaker Geely Holding Group, which controls a 49.9% equity stake in Proton Holdings Bhd, is keeping its promise to bring Proton…
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Dr M: Geely will help accelerate Proton’s improvement
HANGZHOU (Aug 18): Prime Minister Tun Dr Mahathir Mohamad acknowledges that China’s homegrown carmaker Geely Group Holdings Ltd, which owns a 49.9% stake in Proton…
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