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The Dollar has continued to trade mostly firmer, although has lost ground today to the Yen, which has outperformed. President Trump’s State of the Union, replete as it was with self-backslapping, left markets somewhat cold, with what hopes there were for something specific on progress being made in the trade talks with China having been […]

The narrow trade-weighted USD index posted a fresh 12-day high at 95.99, and EUR-USD concurrently printed a new 12-day low, at 1.1380. The Dollar also saw highs versus a number of other currencies, although lost some ground today to the Yen, which has outperformed. USD-CAD rose for a second day, seeing a five-session high at […]

The Dollar advanced again in N.Y. on Wednesday, taking the DXY to near two-week highs of 96.40. The index has printed four consecutive higher daily highs. On the data front, the narrowed U.S. trade deficit supported the Greenback. EUR-USD fell to 1.1362 lows, after opening at 1.1398 highs, while USD-JPY touched 110.00 highs late in […]

GEORGE TOWN (Feb 6): Finance Minister Lim Guan Eng is confident 2019 will see the beginning of economic development for Malaysia, given the country’s fiscal…

(Feb 6): A trade deal between the U.S. and China will put an end to the rally in risk assets that’s been in place since…

(Feb 6): Driving across the Sydney Harbor Bridge, the head of Goldman Sachs’s equity-trading business placed a call to his former underling in London to…

(Feb 6): The White House wants Americans to hear 11 words after President Donald Trump’s State of the Union address Tuesday evening: “visionary,” “unifying,” “commonsense,”…

KUALA LUMPUR (Feb 6): Global semiconductor sales jumped 13.7% year-on-year to US$468.8 billion in 2018, according to the US-based Semiconductor Industry Association (SIA). In a statement…

KUALA LUMPUR (Feb 6): Oil demand could hit a peak and then enter decline by 2030, according to a new report.   Energy portal Oilprice.com, citing…

KUALA LUMPUR (Feb 6): Malaysia Airports Holdings Berhad (MAHB) has rejected AirAsia Group Bhd’s offer of mediation, in a letter sent by the airport operator’s…

KUALA LUMPUR (Feb 6): The National Patriot Association (Patriot) today called for an investigation into the claim in a Sarawak Report article that the RM90…

KUALA LUMPUR (Feb 7): The FBM KLCI is seen subdued today, with support at the 1,670-level, on lack of fresh catalysts as trading resumes at…

KUALA LUMPUR: The new government’s decision to set up an action council to address the country’s pressing economic issues has received positive responses. At the…

The Australian Dollar rallied after the RBA refrained from aping the Fed’s dovish turn following its policy meeting today, where it left the cash rate at the record low 1.50%, as widely anticipated. Elsewhere, the Dollar held mostly firm, edging out a 13-day high versus the Pound and eking out a one-week high versus the […]

The Dollar has remained buoyant, printing fresh highs against some currencies, still benefitting from the strong U.S. January jobs report and other perky releases. EUR-USD carved out a six-day low at 1.1411, and Cable printed a 13-day low at 1.3002, aided lower by a spell of Sterling selling following a miss in the UK’s January […]

OVERVIEW British PM Theresa May is in Northern Ireland today to allay concerns about the threat of a post-Brexit hard border  Low PMI Index report weighs on Sterling Investors have an appetite for risky business, sinking Swiss Franc to two-month lows HIGHLIGHT

The Dollar firmed in N.Y. on Tuesday, taking the DXY to eight-session highs of 96.11, up from 95.89 lows at the open. The only data was a softer than expected services ISM, though it had little impact on the Greenback. Wall Street rose, while yields edged lower. EUR-USD ranged between 1.1435 and 1.1401, as USD-JPY […]