News
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EUR/USD Technical Outlook – Euro Poised to Rally Further vs Dollar
The Euro continues to hold its ground and appears poised to continue trading higher this week
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Canadian Dollar Forecast: Bullish Momentum Favors CAD Gains – Levels for USD/CAD, CAD/JPY Rates
Fresh yearly lows in USD/CAD rates have emerged – will new highs in CAD/JPY rates follow?
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Pound Outlook: Sterling Levels to Watch as GBP/USD Rebound Falters
Sterling gapped higher into the open before reversing sharply – the weekly opening-range is set. Here are the levels that matter on the GBP/USD technical charts.
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Ringgit slips at open as US dollar strengthens
KUALA LUMPUR (Dec 15): The ringgit opened marginally lower against the US dollar today as the greenback continued to strengthen following the official victory announcement of…
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Glove stocks recoup some losses after yesterday's selldown
KUALA LUMPUR (Dec 15): Glove stocks dominated the list of top gainers this morning as investors were bargain-hunting after a heavy selldown yesterday. Glove makers among the…
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RHB falls 4.27% on news of Aabar selling entire stake in bank
KUALA LUMPUR (Dec 15): RHB Bank Bhd is the top loser so far on Bursa Malaysia today as investors react to reports that Aabar Investments PJS…
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Minimal impact on Hartalega from Covid-19 positive employees, says analyst
KUALA LUMPUR (Dec 15): BIMB Securities Research said the 35 Hartalega Holdings Bhd employees testing positive for Covid-19 will have minimal impact on the group’s earnings. BIMB…
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Senior Republicans accept Biden as US president-elect, reject talk of overturning election
WASHINGTON (Dec 14): Several senior Republican U.S. senators on Monday acknowledged Democrat Joe Biden as the country’s president-elect after the Electoral College affirmed his victory, and…
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Singapore to open business travel bubble for all countries from January
SINGAPORE (Dec 15): Singapore will open a new segregated travel lane for a limited number of business, official and high economic value travellers from all…
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Fitch's downgrade won't stifle efforts to revive economy in 2021, says Tengku Zafrul
KUALA LUMPUR (Dec 15): Fitch Ratings’ downgrade for Malaysia’s credit rating from A- to BBB+ will not stifle efforts towards economic recovery in 2021, said…
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Over RM15b allocated for Wage Subsidy Programme over nine months, Dewan Rakyat told
KUALA LUMPUR (Dec 15): The Wage Subsidy Programme implemented over the past nine months involves an allocation of more than RM15 billion, said Deputy Finance Minister I Datuk…
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PAS president has audience with Sultan Nazrin of Perak
IPOH (Dec 15): PAS president Datuk Seri Abdul Hadi Awang today had an audience with Sultan Nazrin Shah of Perak at Istana Kinta here. The car ferrying the…
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KLCI bucks regional trend to end morning session higher
KUALA LUMPUR (Dec 15): Bursa Malaysia bucked the regional trend by paring earlier losses to end the morning session on a firm note, lifted by buying of heavyweight stocks. The…
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Gold Technical Forecast: XAU/USD Approaches Key Chart Levels
Gold ended the week nearly unchanged after bulls failed to break through descending channel resistance. Now, XAU/USD finds itself between two key levels as longer-term technicals move into focus.