Covid-19: Pandemic fatigue making people less vigilant
SEREMBAN (Jan 23): It has been a year since Covid-19 affected countries all over the world and when the crisis will end, is still full…
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SRC judge transferred to High Court's civil division
KUALA LUMPUR (Jan 23): Justice Mohd Nazlan Mohd Ghazali, the High Court judge who presided over Datuk Seri Najib Razak’s SRC International Sdn Bhd case…
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Opposition MPs call for another six months of loan moratorium, wage subsidy
KUALA LUMPUR (Jan 23): Twenty-five opposition Members of Parliament (MPs) have urged the government to implement another six months of the automatic loan moratorium to…
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S’pore-Johor RTS Link station in Woodlands to be 10 times the size of typical MRT station
SINGAPORE (Jan 23): The Johor Baru-Singapore Rapid Transit System (RTS) Link’s station at Woodlands North and its connected Customs, Immigration and Quarantine (CIQ) facility will…
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Malaysia sees new record Covid-19 cases and recoveries today
KUALA LUMPUR (Jan 23): Malaysia recorded a new daily high of 4,275 Covid-19 cases today. The Ministry of Health (MoH) announced that the tally brought the country’s total…
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XE Market Analysis: North America – Jan 21, 2021
The DXY dollar index edged out a six-day low at 90.18 in what is now a third consecutive day of lower lows. The main U.S. equity indices on Wall Street clocked fresh record highs yesterday, as did the MSCI Asia-Pacific index today. Europe’s Stoxx 600 was showing a 0.5% gain as of the late London […]
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XE Market Analysis: Asia – Jan 21, 2021
The Dollar lost modest ground in N.Y. on Thursday, though major USD pairing trading ranges remained relatively narrow. The DXY put in its third-consecutive lower daily low, bottoming at a seven-session base of 90.05. Incoming U.S. data was mostly positive, though initial jobless claims remained elevated. Continuing claims fell sharply, while housing starts hit a […]
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XE Market Analysis: Europe – Jan 22, 2021
The dollar has firmed up on a safe haven bid with the reflation trade having come to a firm stop. The DXY dollar index lifted moderately to a 90.26 high after basing out at a nine-day low at 90.05. The U.S. currency gained only marginally against the euro and yen, but racked up gains of […]
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DAX & CAC Technical Outlook: Trend Remains Bullish with Potentially Bearish Twist
European markets continue to hold up after a big late-year rally; trending upward, but H&S pattern could create setback.
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US Dollar Outlook: USD Snaps Back- Are Bears Taking Control?
Dollar plunged more than 0.6% this week with the sell-off now testing trend support- is the recovery over? Here are the levels that matter on the DXY technical charts.
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Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch
Risk aversion sees the AUD/USD pulling back from recent highs. AUD/NZD at rich levels relative to spreads.
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Litecoin IG Client Sentiment: Our data shows traders are now at their most net-long Litecoin since Nov 25 when Litecoin traded near 81.55.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Litecoin-bearish contrarian trading bias.
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Tech stocks rally, six counters reach record high as semiconductor sales forecast points north
KUALA LUMPUR (Jan 22): Tech stocks are back on a rally as the Bursa Malaysia Technology Index jumped as much as 3.42% this morning with at…