News
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Gold Weekly Technical Forecast: Gold Coiling for Break-Out
Gold challenging range lows amid the tug of war between vaccine optimism and virus concerns.
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Despite blue chip rush, retail interest in penny stocks still dominates the market
KUALA LUMPUR (Nov 21): AT Systematization Bhd continued to top the weekly most actively traded list this week, although its trading volume shrank to 6.08…
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Covid-19: Malaysia reports 1,041 new cases; Selangor the biggest contributor with 402 infections
KUALA LUMPUR (Nov 21): Malaysia…
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Melaka Gateway developer cries foul over project termination
KUALA LUMPUR (Nov 21): The developer of the RM43 billion Melaka Gateway project is crying foul over the sudden termination of the project by the…
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Malaysia Airlines seeks aid from wealth fund Khazanah, creditor talks continue
KUALA LUMPUR (Nov 21): Malaysia Airlines’ parent company has sought financial aid from its sole shareholder, the nation’s sovereign wealth fund, as debt restructuring talks…
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XE Market Analysis: Europe – Nov 20, 2020
Currencies have largely remained within recent range bounds as a risk-cautious sentiment continues in global asset markets. Asian stock markets lifted after starting out weak, with the main indices across the region showing a mix of modest losses and modest gains. S&P 500 E-mini futures dropped 0.4% after the cash version of the index finished […]
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XE Market Analysis: North America – Nov 20, 2020
Currencies have largely remained within recent range bounds. Risk appetite picked up during the European morning, which saw the dollar bloc currencies lift. Asian stock markets lifted after starting out weak, with the main indices across the region finishing in a mix of modest losses and modest gains. Europe’s Stoxx 600 was up 0.6%, and […]
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XE Market Analysis: Asia – Nov 20, 2020
The Dollar bounced slightly through the N.Y. session on Friday, with pre-weekend short-covering driving much of the move, following a relatively soft performance through the week. The DXY topped at 92.42, after hitting 92.25 lows early in the session. There were no data to drive markets, and it appeared traders stayed close to the sidelines […]
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USD/ZAR Technical Outlook: Dollar Nearing Towards Long-term Support vs Rand
USD/ZAR is nearing a significant trend-line that could help put in a floor or accelerate its losses if support breaks.
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Pound Technical Outlook – GBP/USD In Slow Grind Mode, Big Resistance Ahead
Cable continues to rise within the confines of a channel, but has a stiff test ahead with long-term resistance looming.
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Canadian Dollar Forecast: Loonie Stalled at Support– USD/CAD Levels
The Canadian Dollar bulls have lost steam as USD/CAD holds support just above the yearly lows. These are the levels that matter on the Loonie weekly technical chart.
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Australian Dollar Forecast: Aussie Rally Testing Key Breakout Levels
Australian Dollar is probing multi-year downtrend resistance- Aussie breakout ahead? These are the levels that matter on the AUD/USD weekly technical chart.
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Kelantan to be under CMCO from Nov 21 to Dec 6 — Ismail Sabri
KUALA LUMPUR (Nov 20): Kelantan has become the latest state to be placed under the Conditional Movement Control Order (CMCO), effective from tomorrow until Dec…