The Dollar firmed in early trade on Friday, seeing the DXY hit four-session highs of 90.74. Gains were short lived however, as selling stepped in at mid-morning, leaving the USD index at 90.38 lows after the London close. Following losses seen this week, the USD appears to be entering a consolidative period, managing to close […]
NEW YORK (Feb 13): The S&P 500 and Nasdaq set record closing highs on Friday as investors bought energy, financial and materials shares and sold…
NEW YORK (Feb 13): MSCI’s gauge of stocks across the globe rose for a 10th straight session on Friday and hit another record high as…
KUALA LUMPUR (Feb 13): Malaysia has recorded an increase in the number of daily confirmed Covid-19 cases today at 3,499, compared to 3,318 yesterday, pushing…
KUCHING (Feb 13): The Conditional Movement Control Order (CMCO) in Sarawak, scheduled to end tomorrow, will be extended until March 1, said the State Disaster…
The Dollar perked up from early lows, which came on the back of a disappointing jobless claims outcome, later rallying modestly, though sticking inside narrow trading ranges overall. The DXY was held inside of Wednesday’s trading band, bottoming at 90.28 before bouncing to 90.47. A record low yield in 2-year Treasuries just ahead of the […]
The dollar has firmed up amid a risk-wary sentiment in global markets, which has seen world equity markets settle lower from record highs. At the same time, market conditions have been thinned by the lunar new year holidays in China and some other Asian nations. Some tough talk aimed at China from U.S. President Biden […]
The dollar has firmed up amid a risk-wary sentiment in global markets, which has seen world equity markets settle lower from record highs. At the same time, market conditions have been thinned by the lunar new year holidays in China and some other Asian nations. The DXY dollar index, after tumbling in three of the […]