USD Correction Poses Short Squeeze Concern, USD/JPY the Preferred Hedge of US Election Risk – COT Report
US Dollar sold into as corrective rally took place, risking short squeeze on larger correction.
News
-
-
US Dollar Technical Outlook: DXY Pulling off March Low, Looking to Nearby Support
The US Dollar Index (DXY) is coming off the March low, but not too far below are levels that could keep the USD supported.
-
Canadian Dollar Forecast Another Loonie Letdown? Levels for CAD/JPY & USD/CAD
USD/CAD rates have leapt higher in September, while CAD/JPY rates have sunk alongside crude oil prices and equity markets.
-
Silver Prices Struggling – Will US Jobs Report Change Narrative?
After an explosive start to the summer, the silver price rally has come to a screeching halt as the seasons have changed to the fall.
-
Dollar vs Mexican Peso Outlook: USD/MXN Breakout Pending
The Dollar gains keep mounting against the Mexican Peso with the USD/MXN rally now probing critical resistance. Here are the levels that matter on technical charts.
-
Bintai Kinden, IJN sign MOU on Covid-19 vaccine development
KUALA LUMPUR (Sept 28): Bintai Kinden Corp Bhd said it today entered into a memorandum of understanding (MOU) with Institut Jantung Negara Sdn Bhd (IJN)…
-
MAHB further easing screening of passengers from Sabah
SEPANG (Sept 28): Malaysia Airports Holdings Bhd (MAHB) has implemented additional initiatives to further smoothen Covid-19 screening of all arrivals from Sabah at the airports it…
-
KLCI ends higher as fund managers window dress
KUALA LUMPUR (Sept 28): The FBM KLCI closed 2.52 points or 0.17% higher at 1,511.66 today on fund managers’ quarter-end window dressing and as broader…
-
AirAsia expected to have another round of retrenchments — source
KUALA LUMPUR (Sept 28): Low-cost airline AirAsia Bhd may again be laying off a few hundred employees as it seeks to survive in an industry…
-
Malaysia’s Covid-19 cases breach 11,000 mark after 115 new infections reported
KUALA LUMPUR (Sept 28): The health ministry reported 115 new Covid-19 infections in Malaysia as of noon today, raising the total number of cases to…
-
Top Glove chairman on strategy and tackling challenges as company posts record profit
TOP Glove Corp Bhd released its best-ever quarterly results last week with a net profit of more than RM1 billion, meeting consensus expectations. The stellar…
-
EVENING 5: Five things you need to know today
EVENING 5: Country Heights founder to step down to pursue blockchain Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
-
King undergoes follow-up treatment at IJN
KUALA LUMPUR (Sept 28): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, who was admitted to the National Heart Institute (IJN) last Monday to…
-
SC, Bursa extend temporary margin financing flexibilities to Dec 31
KUALA LUMPUR (Sept 28): The temporary relief measures relating to margin financing for equity trades have been extended to Dec 31 to maintain stability in…
-
Kanger, Hiap Teck, Kim Loong, Yinson, UOA Development, UOA REIT, Bintai Kinden, VS Industry and LKL International
KUALA LUMPUR (Sept 28): Based on corporate announcements and news flow today, stocks that are likely to be in focus tomorrow (Tuesday) might be as…
-
-
-
-
-
-
-
-
-
-
-
Yen Technical Forecast: USD/JPY & AUD/JPY Rates Diverging
The Japanese Yen churned sideways last week owing to mixed JPY price action across major FX peers like the US Dollar and Australian Dollar. This has caused USD/JPY and AUD/JPY rates to diverge, but…
-
Pound Technical Outlook: GBP/USD Sell-off Set Up to Continue
Cable looks set up for another leg lower as a new week is set to roll around; levels and lines to watch.
-
US Dollar Technical Forecast: EUR/USD, AUD/USD, USD/CAD, GBP/USD
The US Dollar continues to show tones of reversal as Q3 winds down. Can buyers drive the currency through the Q4 open?