Tag Archives: Investment Course

KUALA LUMPUR (Aug 29): The Covid-19 pandemic has cast the spotlight on Malaysia’s rubber industry, in particular on the downstream latex players such as glove…

KUALA LUMPUR (Aug 28): The Ministry of Transport will reopen the tender for the Klang Valley Double Tracking 2 (KVDT2) project. Its Minister Datuk Seri Dr…

KUALA LUMPUR (Aug 29): A unit of TA Global Bhd which manages the Trump International Hotel in Vancouver, Canada, has reportedly filed for bankruptcy as…

NEW YORK (Aug 29): It’s been one of the most lucrative weeks in history for some of the world’s wealthiest people. The net worth of Amazon.com…

KUALA LUMPUR (Aug 29): Malaysia reported 11 new Covid-19 cases today, seven of which involved Malaysians while four involved non-citizens, bringing the tally of cases to 9,317,…

The dollar’s weakening bias has resurfaced, pushing the narrow trade-weighted USD index (DXY) to a two-day low at 92.58, extending the correction from yesterday’s one-week high at 93.23. The 27-month low that was seen on Tuesday is at 92.13, and the index will need to close out today in New York below 93.10 to rack […]

The dollar found a footing as EUR-USD tumbled following sub-forecast preliminary August PMI data out of the eurozone. EUR-USD printed a one-week low at 1.1784, declining from a two-day peak at 1.1883. Contrasting above-forecast PMI data out of the UK sparked specific EUR-GBP selling, too, which added weight on EUR-USD’s down phase.

Friday saw the Dollar put in a little distance from the 27-month lows seen earlier in the week. The DXY topped at 93.47 up from 92.58 overnight lows, and the trend lows of 92.13 seen on Tuesday. The Greenback found some support from the uptick in the August Markit manufacturing and services PMIs, along with […]

The dollar has retained demand in the wake of the FOMC minutes, the bottom line from which was that there is no immediate plan to take unconventional stimulus measures in monetary policy. The narrow trade-weighted USD index edged out a three-day peak at 93.09, extending the rebound that was sparked by the minutes and from […]

The Dollar came under broad pressure from mid-morning on Thursday, as if appeared the FOMC minutes driven boost has about run its course. In the scheme of things, even if the minutes were not as dovish as expected, the Fed continues to be in uber-easing mode, continuing to buy assets while virtually targeting the yield […]

The dollar has retained demand in the wake of the FOMC minutes, the bottom line from which was that there is no immediate plan to take unconventional stimulus measures in monetary policy. The narrow trade-weighted USD index rose to a six-day peak at 93.19, extending the rebound from the 27-month low that was pegged on […]

The pound has printed a fresh trend high against the dollar, at 1.3268, which is the loftiest level since December. The catalyst was much warmer than anticipated UK July inflation data, with headline CPI rising to a rate of 1.0% y/y from 0.6% y/y and with core CPI spike to a rate of 1.8% y/y […]