News
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EUR/GBP Technical Analysis: New Downtrend Faces Chart Support
The Euro is quickly losing ground against the British Pound after a rising support line was breached, EUR/GBP faces its next test to extend its new downtrend to November 2018 lows.
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FTSE Chart Analysis – Pressure on for Now, Watch for Higher Low
The recent reversal around resistance keeps a lid on the FTSE for now but a higher low may soon form; headlines are an obvious risk factor to be mindful of.
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XE Market Analysis: Europe – Jan 17, 2019
An abatement in risk appetite has impacted currencies, driving moderate Yen outperformance and underperformance in the Dollar bloc and some emerging-world currencies. A side theme has been general Dollar gains, USD-JPY excepted, following the release of the Fed’s Beige Book survey yesterday, which found labour market tightness and rising wages. This has driven EUR-USD to […]
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XE Market Analysis: North America – Jan 17, 2019
The dollar largely gave back gains seen during the pre-Europe session in Asia. EUR-USD left a 13-day low at 1.1371 before recouping back to the 1.1400 level. AUD-USD also lifted after earlier printing an eight-day low at 0.7146, while USD-CAD ebbed back after posting a three-day high at 1.3309. Sterling rose moderately as it appears […]
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XE Market Analysis: Asia – Jan 17, 2019
The Dollar rallied in N.Y. on Thursday morning, supported by better than expected jobless claims and a firmer Philly Fed index. The DXY topped at 96.26, up from opening levels of 96.00, though later faded, largely as Cable touched two-month highs of 1.2980. EUR-USD bottomed at 1.1372 before heading back over 1.1390, while USD-JPY peaked […]
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FBM KLCI up 9.89 points, led by Genting Bhd, Hartalega
KUALA LUMPUR (Jan 17): The FBM KLCI rose 9.89 points or 0.59% today, led by Genting Bhd and Hartalega Holdings Bhd share price gains and…
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Pavilion REIT won't buy stake in Pavilion Bukit Jalil
KUALA LUMPUR (Jan 17): Pavilion Real Estate Investment Trust (REIT) has decided not to participate in the ownership of the Pavilion Bukit Jalil mall here,…
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MITI to expedite approval of new car pricing incentives
KUALA LUMPUR (Jan 17): The Ministry of International Trade and Industry (MITI) says it will expedite the approval of incentives for the pricing of new…
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Bintulu Port Authority cancels Muhibbah’s RM585m wharf contract
KUALA LUMPUR (Jan 17): The Bintulu Port Authority has cancelled a RM584.84 million contract with Muhibbah Engineering (M) Bhd to build a supply base wharf…
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Proton faces RM523m lawsuit from ex-Chinese partner
KUALA LUMPUR (Jan 17): Proton Holdings Bhd’s indirect wholly-owned subsidiary Proton Automobiles China Ltd (PACL) has been slapped with a civil suit in China’s Guangdong…
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BLand, Kerjaya Prospek, Sinmah Capital, Affin Bank, Bursa Malaysia, Muhibbah, Kumpulan Powernet, Pavilion REIT, Malton, DRB-Hicom, Scomi Energy, Scomi and MAHB
KUALA LUMPUR (Jan 17): Based on corporate announcements and news flow today, companies that may be in focus on tomorrow (Friday, Jan 18) may include…
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'FundMyHome made my dream come true!'
SEMENYIH (Jan 17): Thirty-five-year-old Liau Tet Haw has finally fulfilled his long-time dream of owning a home — thanks to innovative property funding platform FundMyHome…
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SalamWeb Technologies launches world's first Shariah-compliant internet suite of services
KUALA LUMPUR (Jan 17): SalamWeb Technologies MY Sdn Bhd (SalamWeb) today launched the world’s first Shariah-certified web browser and digital ecosystem for Muslims around the…
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M&M's maker Mars gives rare peek into its US$70 bil future
NEW YORK (Jan 17): Mars Inc, the closely-held company best known for treats like M&M’s and Snickers bars, looks to double the size of the…