EVENING 5: Five things you need to know today
EVENING 5: Will PM declare emergency? 1. Speculation is rife that the government will announced a national health emergency, which could include the suspension…
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JF Technology to partner with a Chinese smartphone giant to set up plant in China, sources say
KUALA LUMPUR (Oct 23): JF Technology Bhd, whose share price soared to a record high today, will be partnering with a Chinese smartphone giant to…
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XE Market Analysis: Europe – Oct 22, 2020
The dollar has settled after dropping quiet sharply in recent days. The DXY USD index has come to rest around the 92.70-75 area after diving over the previous four days, from levels near 94.00. EUR-USD has settled off the five-week high that was seen yesterday at 1.1882. USD-JPY has steadied in the mid 104.00s after […]
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XE Market Analysis: North America – Oct 22, 2020
The dollar has found a footing after a four-day tumble. The DXY USD index has come to rest around the 92.70-75 area after diving over the previous four days, from levels near 94.00. EUR-USD has been in correction mode after a four-day run higher, dropping back to a 1.1825 low today. The pair yesterday peaked […]
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XE Market Analysis: Asia – Oct 22, 2020
After falling for three-straight sessions, the Dollar perked up a bit on Thursday, aided largely by solid data, USD short covering and a wobbly risk backdrop. Weekly jobless claims were better than expected for both initial and continuing claims, while existing home sales were through the roof to levels last seen in 2006. Wall Street […]
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US Dollar Technical Forecast: USD/SGD, USD/IDR, USD/PHP, USD/MYR
The US Dollar is losing ground against ASEAN FX, with USD/SGD and USD/IDR possibly readying to extend declines. Will USD/PHP and USD/MYR follow?
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British Pound Price Outlook: GBP/USD, GBP/JPY, EUR/GBP Key Levels
The British Pound may continue to gain ground against the US Dollar after breaching key chart resistance. However, GBP remains vulnerable against the Euro and Yen.
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Nasdaq 100, S&P 500 Technical Analysis: NDX, SPX Sitting on Big Support
The U.S. markets are at a bit of a spot here with the NDX and SPX testing important support; hold or fold?
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Canadian Dollar Forecast: Primed for More Gains? – Levels for CAD/JPY, USD/CAD
The Canadian Dollar rally has hit a pause as broader risk appetite trends shift around US fiscal stimulus talks.
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MMC mulls reviving US$1b port assets IPO — sources
(Oct 22): MMC Corp Bhd, a utility and infrastructure group, is reviving an initial public offering plan for its port assets, which could be the…