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The Dollar has retained a softer performance versus most currencies, particularly the Dollar bloc units, which are being floated by a backdrop of rising global equity markets. AUD-USD printed a one-month peak at 0.7220, and NZD-USD a three-week high at 0.6831. EUR-USD lifted back above 1.1500 after Fed’s Clarida said that the central bank can […]

The Dollar has been trading on a softer footing. EUR-USD has settled back 1.1500 after Fed’s Clarida said that the central bank can afford to be patient, further affirming the shift-to-neutral change at the U.S. central bank, though the pair has remained below yesterday’s three-month peak at 1.1570.

OVERVIEW The Dollar Index remains in negative territory for the fourth consecutive week, amidst dovish Fed and continuing government shutdown.  Gold is up $2.15 as investors seek safe haven assets ahead of significant events risks with the Brexit vote due next week. HIGHLIGHT

The dollar rallied broadly in N.Y. on Friday, despite the benign CPI print. This saw EUR-USD fall to intra day lows of 1.1458 from 1.1535 early, and USD-JPY to 108.60 from 108.15. Talk of Turkish troop movement near the Syria border has been making the rounds, which could have prompted some safe-haven flow into the […]

HONG KONG (Jan 11): Hong Kong’s government says it needs to build billions of dollars’ worth of artificial islands to give the city’s glittering skyline…

KUALA LUMPUR (Jan 11): The FBM KLCI closed up 4.34 points or 0.26% at 1,683.22 after Asian shares ended higher today. World equities took cue…

KUALA LUMPUR (Jan 11): The Malaysian banking sector has hopped onboard the cashless bandwagon with Payments Network Malaysia Sdn Bhd’s (PayNet) implementation of the real-time…

KUALA LUMPUR (Jan 11): Perisai Petroleum Teknologi Bhd will be suspended from trading effective Jan 22 after the stock exchange rejected the group’s proposed regularisation plan. The Practice…

KUALA LUMPUR (Jan 11): Scomi Energy Services Bhd’s (SESB) board has commenced an investigation into the RM64.33 million lent to its parent company Scomi Group…

KUALA LUMPUR (Jan 11): Genting Bhd has argued that its upcoming hotel and casino resort in Las Vegas will look “dramatically different” from Wynn Resorts…

KUALA LUMPUR (Jan 11): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Jan 14) may include the…

PETALING JAYA: IJM Land Bhd plans to launch properties worth RM1.7 billion in gross development value (GDV) in its 2020 financial year (FY20) ending March…

SHANGHAI (Jan 11): China published a five-year blueprint on Friday, seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest…

WASHINGTON (Jan 11): President Donald Trump’s choice to lead the Justice Department comes with a track record that signals he could take a softer stance…