Gold Price Technical Outlook: Correction Set to Continue or End?
Gold has been quiet, that could soon change as it closes in on a crossroad that could lead to a breakout that ends the correction or extends it along…
Gold has been quiet, that could soon change as it closes in on a crossroad that could lead to a breakout that ends the correction or extends it along…
Australian Dollar is testing a key pivot zone that fueled significant moves throughout the year. The levels that matter on the AUD/USD weekly technical chart.
KUALA LUMPUR (Oct 20): Oil World editor and chief executive officer (CEO) Thomas Mielke has told analysts that prices of vegetable oil including crude palm…
KUALA LUMPUR (Oct 20): Trading volume across Bursa Malaysia rose past 10 billion securities in afternoon trades today on what analysts deem as a strong…
KUALA LUMPUR (Oct 20): As Malaysia battles a third COVID-19 wave, the National Security Council (NSC) has instructed managerial and supervisory-level employees in areas placed…
KUALA LUMPUR (Oct 20): FGV Holdings Bhd has denied the Federal Land Development Authority’s (Felda) statement that the latter should receive RM800 million a year from a…
KUALA LUMPUR (Oct 20): Mah Sing Group Bhd’s rally halted in tandem with the selling of glove makers on Bursa Malaysia. The stock plunged 29…
KUALA LUMPUR (Oct 20): The FBM KLCI finished 7.14 points or 0.47% lower at 1,510.97 today on profit taking while trade volume across Bursa Malaysia…
KUALA LUMPUR (Oct 20): Malaysia recorded 862 new COVID-19 infections today, marking the fourth consecutive day that new…
EVENING 5: Workers in CMCO areas to work from home 1. Public and private sector employees at management and supervisory levels in areas currently…
KUALA LUMPUR (Oct 20): Selangor has been seeing a big rise in Covid-19 cases since the end of last month after people returned to the…
KUALA LUMPUR (Oct 20): Based on corporate announcements and news flow today, stocks in focus tomorrow could include KIP Real Estate Investment Trust, Gets Global…
The dollar has traded softer, overall, losing ground the pound and Aussie and Kiwi dollars, though gaining slightly on the euro, which has opened the week with a modest weakening bias as surging new Covid cases push many European countries to more draconian restrictions. Asian stock markets and U.S. index futures rallied after Pfizer said […]
The dollar and yen softened against other currencies as risk-on positioning ensued. Pfizer said it could have a vaccine ready by year-end, and with House Speaker Pelosi saying on Sunday that she was confident that a comprehensive U.S. aid package could be legislated for by the November-3 elections. And while Q3 GDP data out of […]
The Dollar softened during the London morning session on Monday, though was generally steady through the N.Y. session, albeit at lower levels. The DXY fell from European highs of 93.76, later basing at 93.22 into the open. The risk-on conditions seen overnight weighed on the safe-haven USD, with only modest upticks seen after Wall Street […]
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
The US Dollar faces a range of mixed technical signals against ASEAN currencies after some gains and losses. What is the road ahead for USD/PHP, USD/SGD, USD/MYR and USD/PHP?
USD Short Covering Persists reaffirming case of short term bottom. AUD bulls head for exit.
Last week the FTSE bounced off the same level of support for a third time since early September, looking more and more like a breakdown is coming though.
A multi-week rally in Sterling remains vulnerable as Cable tests the upper bounds of the recent range. Here are the levels that matter on the weekly technical chart.
(Oct 19): China’s recovery from the coronavirus pandemic continued in the third quarter and showed signs of broadening in September as consumer spending accelerated, keeping…
KUALA LUMPUR (Oct 19): Prime Minister Tan Sri Muhyiddin Yassin is in talks on a possible Cabinet reshuffle in an attempt to appease a key…
KUALA LUMPUR (Oct 19): The scheduled Federal Court hearing this Wednesday (Oct 21) for ex-prime minister Datuk Seri Najib Razak’s application to intervene in former…
KUALA LUMPUR (Oct 19): Malaysia reported 865 new Covid-19 cases, bringing the tally…
KUALA LUMPUR (Oct 19): The FBM KLCI closed in a positive territory for the first time after three straight sessions of losses, lifted by healthcare…
KUALA LUMPUR (Oct 19): Repayment assistance will remain available for borrowers whose income is affected by the pandemic, said Bank Negara Malaysia (BNM). According to BNM,…
EVENING 5: M’sians working in S’pore can return at any time 1. Among Senior Minister (Security Minister) Datuk Seri Ismail Sabri Yaakob’s updates today…