Astro to offer VSS to staff to cut operating expenses
KUALA LUMPUR (Dec 7): Astro Malaysia Holdings Bhd (Astro) is offering a voluntary exit option to all its employees in a bid to strengthen its…
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Malaysia Human Rights Day celebration to be held on Sunday
KUALA LUMPUR (Dec 7): The Human Rights Day event to commemorate International Human Rights Day 2018, which was initially planned for tomorrow, has been rescheduled…
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EUR/USD Technical Analysis: Are Sellers Ready to Retake the Lead?
Euro technical positioning hints the single currency is trying to resume its dominant downward trend against the US Dollar. Will this attempt find follow-through?
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Nikkei 225 Technical Analysis: Uptrend Endures Despite Sharp Falls
The Nikkei 225 has slipped, along with many other global indexes, as risk-aversion has risen. However, the Japanese benchmark’s daily-chart uptrend has yet to break
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XE Market Analysis: Asia – Dec 05, 2018
U.S. equity futures traded Wednesday and managed a modest rebound after Tuesday’s drop. This may provide some boost when Wall Street reopens Thursday. Treasury markets were closed as well. The Dollar index was a bit firmer, but FX trade was very thin [EUR, USD]
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Xe Market Analysis: Dollar settles as fears of Recession Ease
OVERVIEW US Dollar steadied after a possible inversion in the Treasury Yield curve The Pound trades well off its lows as Brexit outlook turns more positive Canadian dollar hits an 18-month low as rate hike chances are slashed HIGHLIGHT The Loonie hit an 18-month low today as a rate hike was put on the back […]
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XE Market Analysis: Europe – Dec 06, 2018
The Dollar majors have mostly remained in relatively narrow ranges, holding with respective ranges from yesterday. A cross theme has been continued Yen firmness amid an ongoing rout in global stock markets, with S&P futures showing a 0.9% loss, adding to the heavy losses seen on Tuesday (Wall Street was closed yesterday), while Asian bourses […]
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XE Market Analysis: North America – Dec 06, 2018
A risk-off theme dominated in forex markets as the global stock rout continued across European and Asian bourses, while S&P 500 futures racked up a 1.7% loss, extending the 3%-plus dive seen on Wall Street on Tuesday. The biggest currency losers have been the relatively high beta Dollar bloc and emerging market currencies, while the […]