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WASHINGTON (April 29): President Joe Biden declared on Wednesday that the United States is “on the move again” 100 days after he took office, in…

The dollar has rebounded out of a fresh eight-week low at 90.68 by the measure of the DXY index, rising back above 91.0. EUR-USD concurrently ebbed to within a few pips of yesterday’s low at 1.2061, which was seen after the pair capped out at 1.2117, and Cable posted a low at 1.3870, some 60 […]

The dollar has lifted out of an eight-week low at 90.68 by the measure of the DXY index, rising back above 91.0. EUR-USD concurrently ebbed below yesterday’s low in making a nadir at 1.2057, which was seen after the pair capped out at 1.2117, and Cable posted a low at 1.3870, some 60 pips down […]

The Dollar was relatively steady through the N.Y. session on Tuesday, largely maintaining recent trading ranges. Traders appeared to be partially sidelined ahead of Wednesday’s FOMC announcement, though reaction to what will in all probability be a non-event, should be muted. Today’s April consumer confidence data beat the Street by a long shot, though ultimately […]

KUALA LUMPUR (April 27): Asia Aviation Public Company Ltd’s (AAV) board of directors has approved the resolutions of its subsidiary Thai AirAsia Co Ltd’s (Thai…

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NEW YORK (April 28): Oil prices edged higher on Tuesday as OPEC, Russia and their allies agreed to stick to plans to raise output slightly…

CALIFORNIA/BENGALURU (April 28): Google parent Alphabet Inc on Tuesday beat quarterly revenue estimates and announced a $50 billion share buyback as the recovering economy and…

BENGALURU/NEW YORK (April 28): Starbucks Corp missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast…

(April 28): Microsoft Corp on Tuesday met analysts’ quarterly sales expectations and beat profit estimates, but its shares fell slightly as investors hoped for an…

SINGAPORE (April 28): Disney will be shutting down most of its television channels in Southeast Asia and Hong Kong as part of the company’s effort…

KUALA LUMPUR (April 28): Malaysia’s economy is projected to rebound to 6% in 2021 and stabilise at about 5.7% in 2022, after restrictions to control…

KUALA LUMPUR (April 28): Bursa Malaysia extended yesterday’s losses to open lower today, driven by continued profit-taking in selected heavyweights and healthcare counters, amid cautious…

KUALA LUMPUR (April 28): Sapura Energy Bhd was among the most actively traded stocks this morning amid mixed reviews from analysts after the group secured…

The dollar has pegged a near eight-week low by the measure of the narrow trade-weighted DXY index, at 90.68. The 10-year Treasury note yield ticked higher, to around 1.580%, but has remained comfortably below last weeks highs and down by nearly 20 bp form the highs seen in late March. The softer profile of longer-dated […]

The dollar has pegged a near eight-week low by the measure of the narrow trade-weighted DXY index, at 90.68. The 10-year Treasury note yield ticked higher, to around 1.580%, but has remained comfortably below last weeks highs and down by nearly 20 bp form the highs seen in late March. The softer profile of longer-dated […]

The Dollar rose overnight with the DXY rallying from near two-month lows of 90.68 seen overnight, to 90.98 highs in early N.Y. The USD headed lower again from there, following a big miss in March durable orders. The greenback later steadied near mid-range. The rise in Treasury yields overnight supported, though the data saw rates […]