News
-
-
-
-
-
-
-
-
-
-
EUR/USD Technical Analysis: Euro May Bounce Before Deeper Losses
The Euro might manage a near-term bounce against the US Dollar before returning to the long-term down trend revived Turkish crisis spillover fears.
-
ASX 200 Technical Analysis: Daily Range Shows No Sign of Cracking
The ASX 200 made no progress to speak of last week leaving what’s becoming quite an elderly daily chart trading range completely intact
-
CoT Update – Large Specs Continue to Shed EUR/USD & Gold Net-longs
Friday’s report showed continued dollar buying versus most everything; euro and gold net-longs moving towards net short, it could be a noteworthy flip for both.
-
Rand Capitulating with Turkey Induced Sympathy
The rand has had a torrid week, following emerging market peers lower in a risk off market environment. Emerging market currency weakness has followed the trade war and a strengthening US dollar rhetoric as well as economic woes surrounding Turkey.
-
EUR/USD: Traders Hope for a Bounce Despite 2018 Lows
Recent changes in sentiment warn that the current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.
-
EUR/JPY Price Plummets Through Fibonacci Support
The Euro has been selling-off while the Yen has been gaining steam, bringing an outsized breakout last week to EUR/JPY. But with prices pulling up shy of 125.00, might a retracement be in store before bearish continuation?
-
XE Market Analysis: Europe – Aug 13, 2018
The Dollar and Yen rallied amid a coursing risk-off theme in markets, which has hit Asian stock markets, commodity prices, and seen the likes of the Euro and Australian Dollar underperform relative to the other main currencies. The Turkish Lira dove to a new record low 7.24 versus the Dollar before rebounding some after Ankara […]
-
XE Market Analysis: North America – Aug 13, 2018
The Dollar and Yen rose while the Euro, Australian Dollar and other currencies dropped as risk-off went next level today as the Turkish Lira dove to new record lows, which in turn sparked risk aversion in other emerging market currencies. Ankara implemented raft of measures that successfully stopped the rout in the Lira, which in […]
-
XE Market Analysis: Euro weakened by strong US Dollar and fears of potential contagion risk
OVERVIEW Sterling languishes over continued fears of no-deal Brexit. US Dollar continues its rise against a basket of currencies. The Euro dropped to a 13 month low against the US Dollar. HIGHLIGHT The Euro tested a new 13 month low against the US Dollar before recovering slightly. This is in part due to a strong […]
-
Mahathir aims to scrap China deals
Putrajaya (Aug 13): Malaysia’s Prime Minister said Monday he will seek to cancel multibillion-dollar Chinese-backed infrastructure projects that were signed by his predecessor as his…
-
KLCI declines 1.24% as Turkish lira rout spooks investors
KUALA LUMPUR (Aug 13): The FBM KLCI declined 22.41 points or 1.24% as Malaysian shares tracked Asia’s share selldown on uncertainty sparked by the depreciation…
-
Govt seeks opposition nod for key constitutional amendments, says Dr M
PUTRAJYA (Aug 13): Pakatan Harapan is seeking the cooperation of opposition MPs in order to set to stone, some of its electoral reform promises, said…
-
Demand for tiny apartments in Hong Kong jumps 52%
HONG KONG (Aug 13): In order to get on the property ladder in the world’s least affordable housing market, home buyers in Hong Kong are…
-
Jho Low's jet to come to Malaysia as soon as it can fly, says PM
PUTRAJAYA (Aug 13): Tun Dr Mahathir Mohamad confirmed today that the government is bringing back a US$35 million private jet belonging to 1MDB mastermind Jho…
-
Third national car will not involve public funds — MoF
KUALA LUMPUR (Aug 13): The third national car, if it materialises, will be done via private investments, according to Finance Minister Lim Guan Eng. In his…
-
Tabung Haji CEO Zukri Samat is chairman of TH Plantations
KUALA LUMPUR (Aug 13): Lembaga Tabung Haji’s newly appointed group managing director and chief executive officer (CEO) Datuk Seri Zukri Samat is taking on the…
-
Investment banking’s elite is 96% men, but there’s a big outlier
(Aug 13): In the male-dominated world of investment banking, women are increasingly rising to the top in a place you might not think to look. Malaysia,…
-
Guan Chong, Mycron, Mynews, Malton, Pavilion REIT, TH Plantations and Vivocom
KUALA LUMPUR (Aug 13): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Guan Chong Bhd, Mycron Steel…
-
VF Corp to spin off Lee, Wrangler jeans into public company
(Aug 13): VF Corp, one of the world’s biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said…