KLCI seen drifting sideways, support at 1,685
KUALA LUMPUR (Feb 13): The FBM KLCI is expected to drift sideways today with immediate support at the 1,685-point level, in line with the firmer…
KUALA LUMPUR (Feb 13): The FBM KLCI is expected to drift sideways today with immediate support at the 1,685-point level, in line with the firmer…
(Feb 13): Indonesia’s largest airport operator is looking to spend billions of dollars to build a new facility in Jakarta and upgrade the existing one…
(Feb 13): President Donald Trump is playing down the threat of a second partial government shutdown as Republicans in Congress clear a path for him…
(Feb 13): Nuclear-power developers are scheduled to meet with Donald Trump on Tuesday as they seek to build more atomic power plants worldwide, according to…
(Feb 13): Theresa May is planning to wait until the last moment before putting her Brexit deal to a vote in Parliament — and will…
(Feb 13): President Donald Trump said he’s open to extending a March 1 deadline to raise tariffs on Chinese products if the two sides are…
KUALA LUMPUR: Finance Minister Lim Guan Eng has declared that the Tun Razak Exchange (TRX) project had been “detoxified”. At the launch of the development’s lifestyle…
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KUALA LUMPUR (Feb 13): The FBM KLCI retreated in early trade, dragged by losses at key index-linked blue chips including Axiata Group Bhd and Public…
The Euro is pressuring support guiding it higher against the US Dollar since mid-November after rejection at trend resistance triggered a five-day losing streak.
GBPUSD downside break could spark a test of the low 1.28s, while GBPJPY bearish bias has eased as key fibo holds. EURGBP fails to hold above 0.8800.
The FTSE’s climb was halted at resistance last week, and with today’s push higher it is being revisited again already; but can it climb above or just another test?
Volatility in the Euro hasn’t been very kind to directional traders in recent months, but it’s at an extreme that suggests we’ll see a move, eventually.
Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.
After a significant surge of Yen-strength to start the year, EUR/JPY has spent much of the time since in varying forms of recovery.
Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
The USD index carved out a new six-week high, at 96.502, during the opening phase of trading in Asia-Pacific before quickly settling to a narrow-ranged consolidation. EUR-USD concurrently saw a 17-day low at 1.1315. Most market commentaries ascribed the Dollar’s gains as either being safe-haven related, or a winner of a least-ugly contest, with global […]
The Dollar has outperformed in early-week trading, while the Yen underperformed amid a backdrop of firmer global stock markets. The narrow trade-weighted USD index posted a six-week high at 96.87, EUR-USD, down for a sixth consecutive day, printed an 18-day low at 1.1297. The pair would only need to trade below 1.1289 to be in […]
The Dollar index rallied to 2019 highs in N.Y. on Monday, topping at 97.11, and up from 96.69 into the open. The Greenback continues to benefit from safe-haven flows in light of trade uncertainty and slowing growth in Europe and China. EUR-USD fell to 1.1268 from near 1.1320. USD-JPY perked up, topping at 110.47. USD-CAD […]
KUALA LUMPUR (Feb 11): AirAsia has said it is “perplexed” over Malaysia Airports Holdings Bhd (MAHB)’s letter of demand to retract press statements issued by…
KUALA LUMPUR (Feb 11): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (Feb 12) may include the…
BUTTERWORTH (Feb 11): Japanese investors are now confident of returning to invest in Malaysia amid the country’s strengthening economy, said Finance Minister Lim Guan Eng. He…
KUALA LUMPUR (Feb 12): The FBM KLCI is expected to trade range bound with immediate support at 1,680. Stock markets globally inched higher on Monday after…
(Feb 12): The U.K. should tackle the power of Silicon Valley over Britain’s news publishers and push U.S. tech giants to promote quality journalism, according…
(Feb 12): Kyle Bass, founder of Hayman Capital Management, said the U.S. most likely will enter a mild recession by the middle of 2020 as…
(Feb 12): Underneath this buoyant earnings season has been a deteriorating trend that Morgan Stanley says is hard to stop. That’s Wall Street’s 2019 forecasts for…
KUALA LUMPUR (Feb 12): Jamilah Taib Murray, the daughter of Sarawak Governor and former chief minister Abdul Taib Mahmud, and her husband Sean Murray were…